118 Main St, Norfolk, MA, 02056 | 2.3% Rental Yield

Other

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1072 sft

180 Patricia Dr, Bellingham, MA, 02019

3 Bed
1 Bath
1026 sft

221 East St, Mansfield, MA, 02048

2 Bed
1 Bath
1180 sft

142 Bigelow St UNIT 304, Brighton, MA, 02135

3 Bed
1 Bath
882 sft

62 Taber Ave, Brockton, MA, 02302

Nearby investment properties with comparable prices

3 Bed
2 Bath
1467 sft

26 Crehore Rd, Chestnut Hill, MA, 02467

3 Bed
2 Bath
1956 sft

73 Forest Rd, Millis, MA, 02054

4 Bed
3 Bath
1948 sft

12 Wilson Pl, Mansfield, MA, 02048

3 Bed
2 Bath
1619 sft

251 Commonwealth Rd, Wayland, MA, 01778

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Norfolk at 118 Main St, Norfolk, MA, 02056 earns from $1,560/mo rent with a $3,986/mo payment. Total monthly income totals $1,560/mo. ROI tracks 4.06% on current figures, and rental yield reads 2.3% at a $814,300 purchase. Equity gained on principal adds $5,255/yr, and 5% annual appreciation supports $224,976 over five years. Five-year ROI reaches 17.97% and total cumulative return in cash sums $48,129. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,560/mo property income instead of your personal income.

Multi Family

Built in 1850

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02056, Norfolk, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,671 (100%)
Owner Occupied HU	3,372 (91.9%)
Renter Occupied HU	224 ( 6.1%)
Vacant Housing Units	75 ( 2.0%)
Median Home Value	$761,786
Average Home Value	$779,264