229 Miller St #D-13LudlowMA01056
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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 Ludlow at 229 Miller St #D-13, Ludlow, MA, 01056 listed at $115,000 pairs $2,496/mo rent with a $563/mo payment to leave $1,771/mo cash flow. Total monthly income runs $2,496/mo, and annual cash flow reaches $21,252/yr on $38,123 cash to close. Return on cash invested measures 75.66% in year one, and rental yield registers 26.05% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 402.05% and total cumulative return in cash totals $153,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,496/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01056, Ludlow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,781 (100%) |
| Owner Occupied HU | 6,496 (74.0%) |
| Renter Occupied HU | 1,944 (22.1%) |
| Vacant Housing Units | 341 ( 3.9%) |
| Median Home Value | $350,569 |
| Average Home Value | $370,739 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
7,951
Multi-Family
809
Businesses
559
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Listed by: The Hamre Martin Team • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73393043
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