3 Mill St, Shirley, MA, 01464 | $2,137/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3 Mill St, Shirley, MA, 01464 | $2,137/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shirley at 3 Mill St, Shirley, MA, 01464 with 5% annual appreciation on a $599,900 basis while $5,918/mo rent supports operations. Total monthly income totals $5,918/mo and a $2,936/mo payment preserves $2,137/mo for cash returns. Annual cash flow comes to $25,646/yr on $197,367 deployed, and return on cash invested reaches 33.05% in year one. Equity gained on principal adds $3,871/yr, and five-year appreciation sums $165,741 alongside rental yield of 11.84%. Five-year ROI measures 173.47% and total cumulative return in cash totals $342,364.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,918/mo property income versus a $2,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1890

4,813 sqft lot

$N/A/sqft

No HOA

More details about the property

Fantastic investment opportunity in Shirley! This 3-unit multifamily property offers a great mix of living spaces with one 1-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and one 3-bedroom/1-bath unit. Each unit has been thoughtfully renovated, featuring vinyl flooring, stainless steel appliances, washer and dryer hookups, private entrances, and freshly painted interiors. High vaulted ceilings add an open and spacious feel, while newer heating systems provide efficiency and comfort. The exterior boasts low-maintenance vinyl siding. Conveniently located close to shopping areas, right across the street from local restaurants, and within walking distance to the Shirley Train Station, this property is ideal for both investors and owner-occupants.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01464, Shirley, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,707 (100%)
Owner Occupied HU	1,956 (72.3%)
Renter Occupied HU	632 (23.3%)
Vacant Housing Units	119 ( 4.4%)
Median Home Value	$533,333
Average Home Value	$622,294