10 Shrine Rd, Norwell, MA, 02061 | 4.26% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Norwell at 10 Shrine Rd, Norwell, MA, 02061 generates $6,574/mo in rent, after a $9,055/mo payment. Total monthly income is $6,574/mo. Return on cash invested sits at 10.19% in year one, and rental yield is 4.26% on a $1,850,000 entry. Equity gained on principal adds $11,938/yr, while 5% annual appreciation builds toward $511,121 over five years. Five-year ROI reaches 50.76% and total cumulative return in cash sums $304,261. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,574/mo property income rather than buyer’s personal income.

Single Family

Built in 1988

1.04 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02061, Norwell, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,799 (100%)
Owner Occupied HU	3,485 (91.7%)
Renter Occupied HU	204 ( 5.4%)
Vacant Housing Units	110 ( 2.9%)
Median Home Value	$881,152
Average Home Value	$952,311