28 Forest RdMillisMA02054
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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 Millis at 28 Forest Rd, Millis, MA, 02054 at $597,500 posts ROI 15.72% with from $3,055/mo rent. Total monthly income equals $3,055/mo. Return on cash invested measures 15.72% and rental yield reads 6.14% at the current $597,500. Equity gained on principal adds $3,856/yr, and 5% annual appreciation supports $165,078 by year five. Five-year ROI prints 80.52% and total cumulative return in cash totals $158,287. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,055/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
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
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Listed by: Alyson Rockwood • Stuart St James, Inc.
Mls Name: MLS PIN
Mls ID: #73446341