108 Norton Ave APT 24South EastonMA02375
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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 South Easton at 108 Norton Ave APT 24, South Easton, MA, 02375 offers a 9.74% rental yield on a $319,900 purchase with $2,596/mo rent. Total monthly income registers $2,596/mo, and a $1,566/mo payment leaves $579/mo available for distribution. Annual cash flow reaches $6,954/yr on $106,047 to close, and return on cash invested stands at 26.47% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 138.17% and total cumulative return in cash at $146,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,596/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02375, South Easton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,157 (100%) |
| Owner Occupied HU | 3,179 (76.5%) |
| Renter Occupied HU | 802 (19.3%) |
| Vacant Housing Units | 176 ( 4.2%) |
| Median Home Value | $619,576 |
| Average Home Value | $632,472 |
Housing Distribution
Address Breakdown
Residential
4,356
Single Family
3,501
Multi-Family
855
Businesses
605
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Listed by: Christina L. Martinez • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73415323