14 Teresa DrMillisMA02054
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 Millis at 14 Teresa Dr, Millis, MA, 02054 offers $4,087/mo rent that, after a $5,869/mo payment. Total monthly income is $4,087/mo. Return on cash invested measures 9.65% in year one, and rental yield stands at 4.09% at a $1,199,000 entry. Equity gained on principal adds $7,737/yr while 5% annual appreciation compounds into $331,262 by year five. Five-year ROI records 47.88% and total cumulative return in cash reaches $186,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,087/mo property income versus a $5,869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02054, Millis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,765 (100%) |
| Owner Occupied HU | 2,930 (77.8%) |
| Renter Occupied HU | 710 (18.9%) |
| Vacant Housing Units | 125 ( 3.3%) |
| Median Home Value | $665,265 |
| Average Home Value | $697,492 |
Housing Distribution
Address Breakdown
Residential
3,668
Single Family
3,312
Multi-Family
356
Businesses
266
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Nearby investment properties with comparable prices
Listed by: Stephanie Archung • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73473614