








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Norwood at 20-22 Cedar St UNIT 3, Norwood, MA, 02062 listed at $400,000 pairs $3,090/mo rent with a $1,958/mo payment to leave $337/mo cash flow. Total monthly income runs $3,090/mo, and annual cash flow reaches $4,040/yr on $132,600 cash to close. Return on cash invested measures 22.96% in year one, and rental yield registers 9.27% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 120.09% and total cumulative return in cash totals $159,244. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,090/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1910
N/A lot
$N/A/sqft
$232 monthly HOA
Neighborhood data shown for ZIP Code: 02062, Norwood, MA area.
| 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 |
Residential
13,130
Single Family
9,957
Multi-Family
3,173
Businesses
1,493
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Anne M Kennedy • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73425947
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.