6 1/2 Leonard StMilfordMA01757
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6 1/2 Leonard St, Milford, MA, 01757 in Milford hard to pass up. The 10.06% gross yield on a $299,900 purchase results in $2,513/mo in rent and $623/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.86). Annual cash flow of $7,473, five-year appreciation of $82,857, and $2,762/yr in equity build-up combine for a projected total cumulative return of $153,931.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.2% |
| Monthly Cash Flow | $623 | $300 |
City averages based on Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,513 |
| Total Monthly Debt Service | $1,771 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nisha Shah • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73465235