189 W Main StNortonMA02766
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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 Norton at 189 W Main St, Norton, MA, 02766 with 5% annual appreciation on a $399,999 basis while $3,364/mo rent supports operations. Total monthly income totals $3,364/mo and a $1,958/mo payment preserves $843/mo for cash returns. Annual cash flow comes to $10,112/yr on $132,600 deployed, and return on cash invested reaches 27.53% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,512 alongside rental yield of 10.09%. Five-year ROI measures 143.89% and total cumulative return in cash totals $190,803.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,364/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
9,877 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02766, Norton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,028 (100%) |
| Owner Occupied HU | 5,688 (80.9%) |
| Renter Occupied HU | 1,147 (16.3%) |
| Vacant Housing Units | 193 ( 2.7%) |
| Median Home Value | $595,323 |
| Average Home Value | $613,839 |
Housing Distribution
Address Breakdown
Residential
6,723
Single Family
5,716
Multi-Family
1,007
Businesses
416
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Listed by: Ryan Askew • Today Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73418282