47 Walnut StMillisMA02054
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 47 Walnut St, Millis, MA, 02054 at $635,000 posts ROI 22.47% with $420/mo cash flow from $4,422/mo rent. Total monthly income equals $4,422/mo, and annual cash flow records $5,037/yr on $208,915 to close. Return on cash invested measures 22.47% and rental yield reads 8.36% at the current $635,000. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 by year five. Five-year ROI prints 116.7% and total cumulative return in cash totals $243,800.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.42 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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Nearby investment properties with comparable prices
Listed by: The Walsh Team & Partners • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73415149