198 Pine StNorwellMA02061
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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 Norwell at 198 Pine St, Norwell, MA, 02061 at $1,300,000 posts ROI 14.37% with from $6,088/mo rent. Total monthly income equals $6,088/mo. Return on cash invested measures 14.37% and rental yield reads 5.62% at the current $1,300,000. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 by year five. Five-year ROI prints 73.2% and total cumulative return in cash totals $308,331. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,088/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02061, Norwell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,799 (100%) |
| Owner Occupied HU | 3,485 (91.7%) |
| Renter Occupied HU | 204 ( 5.4%) |
| Vacant Housing Units | 110 ( 2.9%) |
| Median Home Value | $881,152 |
| Average Home Value | $952,311 |
Housing Distribution
Address Breakdown
Residential
3,783
Single Family
3,659
Multi-Family
124
Businesses
790
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Listed by: Kate Johnson • Compass
Mls Name: MLS PIN
Mls ID: #73427726