13 Waites Crossing WayNorfolkMA02056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 13 Waites Crossing Way, Norfolk, MA, 02056 listed at $1,089,900 pairs $1,560/mo rent with a $5,335/mo payment. Total monthly income runs $1,560/mo. Return on cash invested measures 2.33% in year one, and rental yield registers 1.72% at a $1,089,900 basis. Equity gained on principal adds $7,033/yr, and annual property appreciation at 5% supports $301,119 by year five. Five-year ROI tracks 8.62% and total cumulative return in cash totals $30,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $5,335/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.46 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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Nearby investment properties with comparable prices
Listed by: Brett Speranzella • Streamline Communities - Norfolk
Mls Name: MLS PIN
Mls ID: #73436337