144 Seekonk St #XNL41NorfolkMA02056
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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 Norfolk at 144 Seekonk St #XNL41, Norfolk, MA, 02056 generates $6,194/mo in rent, after a $5,511/mo payment. Total monthly income is $6,194/mo. Return on cash invested sits at 17.4% in year one, and rental yield is 6.6% on a $1,126,000 entry. Equity gained on principal adds $7,266/yr, while 5% annual appreciation builds toward $311,093 over five years. Five-year ROI reaches 89.45% and total cumulative return in cash sums $326,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,194/mo property income rather than buyer’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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A