6 1/2 Leonard StMilfordMA01757
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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 6 1/2 Leonard St, Milford, MA, 01757 generates $2,513/mo in rent and, after a $1,468/mo payment, leaves $623/mo in cash flow. Total monthly income is $2,513/mo, and annual cash flow is $7,472/yr on $99,417 invested. Return on cash invested sits at 27.42% in year one, and rental yield is 10.06% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 143.3% and total cumulative return in cash sums $142,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,513/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
5,811 sqft 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: Nisha Shah • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73465235