20 Elm 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 20 Elm St, Milford, MA, 01757 priced at $499,000 pairs $3,317/mo rent with $172/mo cash flow after a $2,442/mo payment. Total monthly income equals $3,317/mo, and annual cash flow comes to $2,067/yr on $165,419 invested. Return on cash invested is 21.16% in year one, and rental yield stands at 7.98% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 109.7% and total cumulative return in cash reaches $181,470. For financing, Ziffy Mortgage’s DSCR program evaluates $3,317/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1725
8,803 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: Rebecca Koulalis • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73472621