73 Orchard 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 73 Orchard St, Millis, MA, 02054 offers a 7.9% rental yield on a $684,900 purchase with $4,507/mo rent. Total monthly income registers $4,507/mo, and a $3,352/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,285/yr on $225,332 to close, and return on cash invested stands at 21.07% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,225 over five years. Portfolio math shows five-year ROI at 109.22% and total cumulative return in cash at $246,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,507/mo property income against a $3,352/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.68 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: The Mitchell-Gatto Team • Berkshire Hathaway HomeServices Page Realty
Mls Name: MLS PIN
Mls ID: #73456426