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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Milford at 2 Kennedy Ln APT 42, Milford, MA, 01757 at $235,000 posts ROI 24.99% with $330/mo cash flow from $2,275/mo rent. Total monthly income equals $2,275/mo, and annual cash flow records $3,960/yr on $77,903 to close. Return on cash invested measures 24.99% and rental yield reads 11.62% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 132.91% and total cumulative return in cash totals $103,540.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,275/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1970
N/A lot
$N/A/sqft
$464 monthly HOA
Neighborhood data shown for ZIP Code: 01757, Milford, MA area.
| 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 |
Residential
11,960
Single Family
10,785
Multi-Family
1,175
Businesses
1,059
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listed for sale | $235,000 |
| 2021-05-27 | Sold | $183,000 |
| 2021-04-26 | Pending sale | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $2416.00 | 12.27% | $167,200 | 19.60% |
| 2022-11-19 | $2152.00 | 10.02% | $139,800 | 14.22% |
| 2021-11-19 | $1956.00 | 7.41% | $122,400 | 7.27% |
Listed by: Meeghan Ford • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73308425
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
