144 Seekonk St #WLPN54NorfolkMA02056
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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 144 Seekonk St #WLPN54, Norfolk, MA, 02056 uses $336,604 cash to close to unlock $563/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $6,595/mo, and a $5,085/mo payment keeps the spread at $47/mo. Purchase price stands at $1,038,900, and rental yield measures 7.62% with $6,595/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $287,029 over five years. Five-year ROI reaches 106.26% and total cumulative return in cash records $357,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,595/mo property income covering a $5,085/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
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 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,621
Multi-Family
63
Businesses
265
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Listed by: N/A • N/A
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Mls ID: #N/A