28 Norfolk PlSharonMA02067
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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 Sharon at 28 Norfolk Pl, Sharon, MA, 02067 uses $213,521 cash to close to unlock $2,040/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $4,261/mo, and a $3,177/mo payment keeps the spread at $170/mo. Purchase price stands at $649,000, and rental yield measures 7.88% with $4,261/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 108.88% and total cumulative return in cash records $232,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,261/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 1949
10,033 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02067, Sharon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,835 (100%) |
| Owner Occupied HU | 5,536 (81.0%) |
| Renter Occupied HU | 1,086 (15.9%) |
| Vacant Housing Units | 213 ( 3.1%) |
| Median Home Value | $781,525 |
| Average Home Value | $855,003 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,162
Multi-Family
526
Businesses
409
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Listed by: Hillary Swenson Corner • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73418645