21 Walpole StNorwoodMA02062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 21 Walpole St, Norwood, MA, 02062 offers a 9.89% rental yield on a $599,900 purchase with $4,946/mo rent. Total monthly income registers $4,946/mo, and a $2,936/mo payment leaves $1,165/mo available for distribution. Annual cash flow reaches $13,982/yr on $197,367 to close, and return on cash invested stands at 27.14% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 141.78% and total cumulative return in cash at $279,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,946/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
0.44 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis Folan • Coldwell Banker Realty - Westwood
Mls Name: MLS PIN
Mls ID: #73445715