461 Centre StMiltonMA02186
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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 Milton at 461 Centre St, Milton, MA, 02186 priced at $1,395,000 converts $5,168/mo rent into after a $6,828/mo obligation. Total monthly income equals $5,168/mo. Return on cash invested prints 10.75% in year one, and rental yield reads 4.45% against a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation compiles into $385,413 by year five. Five-year ROI reaches 53.77% and total cumulative return in cash sums $243,010. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,168/mo property income covering a $6,828/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02186, Milton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,884 (100%) |
| Owner Occupied HU | 7,881 (79.7%) |
| Renter Occupied HU | 1,685 (17.0%) |
| Vacant Housing Units | 318 ( 3.2%) |
| Median Home Value | $949,469 |
| Average Home Value | $1,103,733 |
Housing Distribution
Address Breakdown
Residential
9,670
Single Family
8,817
Multi-Family
853
Businesses
445
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Listed by: Matthew Freeman • Coldwell Banker Realty - Milton
Mls Name: MLS PIN
Mls ID: #73446934