116 Mill StRandolphMA02368
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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
Investment property for sale in Randolph at 116 Mill St, Randolph, MA, 02368 at $485,000 posts ROI 20.21% with $40/mo cash flow from $3,097/mo rent. Total monthly income equals $3,097/mo, and annual cash flow records $480/yr on $160,778 to close. Return on cash invested measures 20.21% and rental yield reads 7.66% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 104.58% and total cumulative return in cash totals $168,146.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,097/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
7,644 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02368, Randolph, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,904 (100%) |
| Owner Occupied HU | 8,426 (65.3%) |
| Renter Occupied HU | 4,083 (31.6%) |
| Vacant Housing Units | 395 ( 3.1%) |
| Median Home Value | $574,952 |
| Average Home Value | $620,305 |
Housing Distribution
Address Breakdown
Residential
12,492
Single Family
9,803
Multi-Family
2,689
Businesses
825
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Listed by: Beatrice Murphy • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73401428