6 Village StMillisMA02054
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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
Investment property for sale in Millis at 6 Village St, Millis, MA, 02054 earns $337/mo cash flow from $3,961/mo rent with a $2,814/mo payment. Total monthly income totals $3,961/mo, and annual cash flow totals $4,047/yr on $189,175 capital. ROI tracks 22.2% on current figures, and rental yield reads 8.27% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 115.26% and total cumulative return in cash sums $218,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,961/mo property income instead of your personal income.
Single Family
Built in 1958
0.56 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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Listed by: Linette Chalifoux • Walsh and Associates Real Estate
Mls Name: MLS PIN
Mls ID: #73472457