147 Milk St APT 8WestboroughMA01581
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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 Westborough at 147 Milk St APT 8, Westborough, MA, 01581 generates $2,062/mo in rent and, after a $1,209/mo payment, leaves $505/mo in cash flow. Total monthly income is $2,062/mo, and annual cash flow is $6,062/yr on $81,881 invested. Return on cash invested sits at 27.31% in year one, and rental yield is 10.02% on a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 142.73% and total cumulative return in cash sums $116,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,062/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01581, Westborough, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,716 (100%) |
| Owner Occupied HU | 5,117 (58.7%) |
| Renter Occupied HU | 3,209 (36.8%) |
| Vacant Housing Units | 390 ( 4.5%) |
| Median Home Value | $676,794 |
| Average Home Value | $717,525 |
Housing Distribution
Address Breakdown
Residential
8,381
Single Family
5,962
Multi-Family
2,419
Businesses
1,262
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Listed by: Aida Parnagian • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73433048