15 Atwood AveNorwoodMA02062
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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 Norwood at 15 Atwood Ave, Norwood, MA, 02062 with 5% annual appreciation on a $535,000 basis while $3,740/mo rent supports operations. Total monthly income totals $3,740/mo and a $2,619/mo payment preserves $368/mo for cash returns. Annual cash flow comes to $4,410/yr on $176,015 deployed, and return on cash invested reaches 22.57% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 8.39%. Five-year ROI measures 117.22% and total cumulative return in cash totals $206,320.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,740/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02062, Norwood, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,892 (100%) |
| Owner Occupied HU | 7,172 (51.6%) |
| Renter Occupied HU | 6,191 (44.6%) |
| Vacant Housing Units | 529 ( 3.8%) |
| Median Home Value | $668,196 |
| Average Home Value | $718,952 |
Housing Distribution
Address Breakdown
Residential
13,130
Single Family
9,957
Multi-Family
3,173
Businesses
1,493
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Listed by: Jack Lai • Kwan Realty Inc.
Mls Name: MLS PIN
Mls ID: #73467546