73 Orchard StMillisMA02054
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 73 Orchard St, Millis, MA, 02054 in Millis at $684,900 earns $4,507/mo in rent and nets $190/mo after the $3,080/mo payment, a 7.9% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $189,225 over five years. Ziffy Mortgage underwrites this on a 1.46 DSCR without U.S. credit history. With $6,308/yr in principal paydown, total projected return reaches $272,291.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $190 | $800 |
City averages based on Millis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,507 |
| Total Monthly Debt Service | $4,044 |
| DSCR Ratio | 1.11x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Mitchell-Gatto Team • Berkshire Hathaway HomeServices Page Realty
Mls Name: MLS PIN
Mls ID: #73456426