14 Norwalk Acres RdMontereyMA01245
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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 Monterey at 14 Norwalk Acres Rd, Monterey, MA, 01245 earns $138/mo cash flow from $3,163/mo rent with a $2,349/mo payment. Total monthly income totals $3,163/mo, and annual cash flow totals $1,656/yr on $159,120 capital. ROI tracks 20.95% on current figures, and rental yield reads 7.91% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 108.56% and total cumulative return in cash sums $172,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,163/mo property income instead of your personal income.
Single Family
Built in 1960
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01245, Monterey, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 708 (100%) |
| Owner Occupied HU | 320 (45.2%) |
| Renter Occupied HU | 65 ( 9.2%) |
| Vacant Housing Units | 323 (45.6%) |
| Median Home Value | $590,625 |
| Average Home Value | $781,008 |
Housing Distribution
Address Breakdown
Residential
66
Single Family
66
Multi-Family
0
Businesses
33
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Listed by: Tim Dunn • VENTURE REAL ESTATE, INC
Mls Name: BCMLS
Mls ID: #247847