144 Norwich LakeHuntingtonMA01050
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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
Rental property for sale in Huntington at 144 Norwich Lake, Huntington, MA, 01050 priced at $275,000 converts $1,923/mo rent into $190/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,923/mo, and annual cash flow totals $2,277/yr on $91,163 invested. Return on cash invested prints 22.41% in year one, and rental yield reads 8.39% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 116.39% and total cumulative return in cash sums $106,103. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,923/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01050, Huntington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 858 (70.6%) |
| Renter Occupied HU | 177 (14.6%) |
| Vacant Housing Units | 181 (14.9%) |
| Median Home Value | $335,885 |
| Average Home Value | $365,140 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
866
Multi-Family
0
Businesses
59
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Listed by: Victoria Minella-Sena • Berkshire Hathaway HomeServices Realty Professionals
Mls Name: MLS PIN
Mls ID: #73449058