20 Hemlock CirMillisMA02054
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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
Investment property for sale in Millis at 20 Hemlock Cir, Millis, MA, 02054 uses $127,628 cash to close to unlock $6,501/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $2,968/mo, and a $1,884/mo payment keeps the spread at $542/mo. Purchase price stands at $385,000, and rental yield measures 9.25% with $2,968/mo rent. Return on cash invested shows 25% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 130.31% and total cumulative return in cash records $166,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,968/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Townhouse
Built in 1970
N/A 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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Listed by: Linette Chalifoux • Walsh and Associates Real Estate
Mls Name: MLS PIN
Mls ID: #73468178