251 Rock St APT B4, Norwood, MA, 02062 | $571/mo Cash Flow

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251 Rock St APT B4, Norwood, MA, 02062 | $571/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Norwood at 251 Rock St APT B4, Norwood, MA, 02062 offers a 9.93% rental yield on a $289,900 purchase with $2,398/mo rent. Total monthly income registers $2,398/mo, and a $1,419/mo payment leaves $571/mo available for distribution. Annual cash flow reaches $6,849/yr on $96,102 to close, and return on cash invested stands at 27.04% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 141.22% and total cumulative return in cash at $135,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,398/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Why rent when you can own this fantastic one-bedroom, one-bath condo at Hilltop Gardens Condominiums? This unit features an open living and dining area, a functional galley-style kitchen with tile flooring, and stylish dark wood laminate flooring throughout the living space. Enjoy the convenience of being just minutes from bustling Norwood Center, Route 1, major highways, the train, shopping, and a variety of restaurants. Residents also benefit from dedicated parking, a pool area perfect for relaxation, and on-site common laundry facilities, making this a must-see opportunity.

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