123 Park Hill AveMillburyMA01527
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 123 Park Hill Ave, Millbury, MA, 01527 in Millbury earns a 8.28% gross yield at $419,000. Rent of $2,890/mo nets $249/mo after the $1,884/mo mortgage. The 1.53 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $115,762 and $3,859/yr in equity accumulation project a total cumulative return of $175,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $249 | $750 |
City averages based on Millbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,890 |
| Total Monthly Debt Service | $2,474 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01527, Millbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,162 (100%) |
| Owner Occupied HU | 4,393 (71.3%) |
| Renter Occupied HU | 1,540 (25.0%) |
| Vacant Housing Units | 229 ( 3.7%) |
| Median Home Value | $503,073 |
| Average Home Value | $523,471 |
Housing Distribution
Address Breakdown
Residential
5,862
Single Family
5,294
Multi-Family
568
Businesses
438
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
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01527, Millbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,162 (100%) |
| Owner Occupied HU | 4,393 (71.3%) |
| Renter Occupied HU | 1,540 (25.0%) |
| Vacant Housing Units | 229 ( 3.7%) |
| Median Home Value | $503,073 |
| Average Home Value | $523,471 |
Housing Distribution
Address Breakdown
Residential
5,862
Single Family
5,294
Multi-Family
568
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey M. Hamel • ERA Key Realty Services- Auburn
Mls Name: MLS PIN
Mls ID: #73399953