229 Miller St #E4LudlowMA01056
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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 #E4, Ludlow, MA, 01056 offers a 9.14% rental yield on a $129,900 purchase with $989/mo rent. Total monthly income registers $989/mo, and a $636/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,041/yr on $43,062 to close, and return on cash invested stands at 24.65% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 128.54% and total cumulative return in cash at $55,351. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $989/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
1,100 sqft 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: Kempf-Vanderburgh Realty Consultants • Kempf-Vanderburgh Realty Consultants, Inc.
Mls Name: MLS PIN
Mls ID: #73447736