27 Pollard DrMillisMA02054
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
Investment Highlights
Rental property for sale in Millis at 27 Pollard Dr, Millis, MA, 02054 priced at $825,000 converts $6,404/mo rent into $1,204/mo cash flow after a $4,038/mo obligation. Total monthly income equals $6,404/mo, and annual cash flow totals $14,449/yr on $271,425 invested. Return on cash invested prints 25.38% in year one, and rental yield reads 9.31% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 132.33% and total cumulative return in cash sums $359,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,404/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.45 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
Listed by: Scott Driscoll • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73448837