141 Congress StMilfordMA01757
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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 Milford at 141 Congress St, Milford, MA, 01757 priced at $468,700 converts $2,940/mo rent into after a $2,294/mo obligation. Total monthly income equals $2,940/mo. Return on cash invested prints 19.8% in year one, and rental yield reads 7.53% against a $468,700 entry. Equity gained on principal adds $3,024/yr, while 5% annual appreciation compiles into $129,493 by year five. Five-year ROI reaches 102.4% and total cumulative return in cash sums $159,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,940/mo property income covering a $2,294/mo payment, not borrower’s personal income.
Single Family
Built in 1937
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01757, Milford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,788 (100%) |
| Owner Occupied HU | 7,788 (60.9%) |
| Renter Occupied HU | 4,488 (35.1%) |
| Vacant Housing Units | 512 ( 4.0%) |
| Median Home Value | $529,135 |
| Average Home Value | $547,912 |
Housing Distribution
Address Breakdown
Residential
11,960
Single Family
10,785
Multi-Family
1,175
Businesses
1,059
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A