11 Millville RdMendonMA01756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mendon at 11 Millville Rd, Mendon, MA, 01756 priced at $549,900 converts $3,071/mo rent into after a $2,691/mo obligation. Total monthly income equals $3,071/mo. Return on cash invested prints 17.44% in year one, and rental yield reads 6.7% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 89.74% and total cumulative return in cash sums $162,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,071/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 1750
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01756, Mendon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,300 (100%) |
| Owner Occupied HU | 1,991 (86.6%) |
| Renter Occupied HU | 231 (10.0%) |
| Vacant Housing Units | 78 ( 3.4%) |
| Median Home Value | $651,440 |
| Average Home Value | $665,663 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,130
Multi-Family
30
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tariq Fayyad • Fayyad Realty Advisors
Mls Name: MLS PIN
Mls ID: #73413333