268 Main StMillisMA02054
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Millis rental at 268 Main St, Millis, MA, 02054 sits in the solid-income band: 9.89% gross yield, $6,016/mo rent, $1,198/mo net after the $3,282/mo debt service, DSCR 1.83. Entry price of $729,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $201,658 and $6,722/yr in principal reduction bring total cumulative return to $355,180.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 5.5% |
| Monthly Cash Flow | $1,198 | $800 |
City averages based on Millis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,016 |
| Total Monthly Debt Service | $4,527 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
0.66 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2003
0.66 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices