27 Richardson Dr #27MillisMA02054
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
Investment property for sale in Millis at 27 Richardson Dr #27, Millis, MA, 02054 listed at $974,900 pairs $5,215/mo rent with a $4,772/mo payment. Total monthly income runs $5,215/mo. Return on cash invested measures 16.58% in year one, and rental yield registers 6.42% at a $974,900 basis. Equity gained on principal adds $6,291/yr, and annual property appreciation at 5% supports $269,347 by year five. Five-year ROI tracks 85.12% and total cumulative return in cash totals $273,019. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,215/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2023
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly A. Armstrong • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73390614