12 Lafayette LnNorfolkMA02056
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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 Norfolk at 12 Lafayette Ln, Norfolk, MA, 02056 earns $834/mo cash flow from $4,930/mo rent with a $3,181/mo payment. Total monthly income totals $4,930/mo, and annual cash flow totals $10,003/yr on $213,850 capital. ROI tracks 24.74% on current figures, and rental yield reads 9.1% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash sums $275,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,930/mo property income instead of your personal income.
Single Family
Built in 1971
0.71 Acres 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 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,621
Multi-Family
63
Businesses
265
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Listed by: Leah Howdy • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73405734