38 Walker Avenue ExtMilfordMA01757
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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
Rental property for sale in Milford at 38 Walker Avenue Ext, Milford, MA, 01757 offers $3,814/mo rent that, after a $2,687/mo payment, leaves $354/mo cash flow. Total monthly income is $3,814/mo, and annual cash flow is $4,246/yr on $180,621 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 8.34% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 116.38% and total cumulative return in cash reaches $210,200. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,814/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01757, Milford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,788 (100%) |
| Owner Occupied HU | 7,788 (60.9%) |
| Renter Occupied HU | 4,488 (35.1%) |
| Vacant Housing Units | 512 ( 4.0%) |
| Median Home Value | $529,135 |
| Average Home Value | $547,912 |
Housing Distribution
Address Breakdown
Residential
11,960
Single Family
10,785
Multi-Family
1,175
Businesses
1,059
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Listed by: David Restic • Property Services Network
Mls Name: MLS PIN
Mls ID: #73469871