9 Hancock 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
Investment property for sale in Milford at 9 Hancock St, Milford, MA, 01757 offers a 8.25% rental yield on a $579,900 purchase with $3,986/mo rent. Total monthly income registers $3,986/mo, and a $2,838/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,976/yr on $190,787 to close, and return on cash invested stands at 22.14% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,216 over five years. Portfolio math shows five-year ROI at 114.96% and total cumulative return in cash at $219,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,986/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,001 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: Ryan M. Lajoie • Johnston & Associates Real Estate
Mls Name: MLS PIN
Mls ID: #73437914