3 Elliot Mls #3, Norfolk, MA, 02056 | 2.86% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
952 sft

27-8 Woodward Rd, Lincoln, RI, 02865

3 Bed
2 Bath
1600 sft

2 Upland Rd, Taunton, MA, 02780

3 Bed
2 Bath
1680 sft

245-83 Manton St, Pawtucket, RI, 02861

2 Bed
2 Bath
980 sft

23 Colvin St, Attleboro, MA, 02703

Nearby investment properties with comparable prices

2 Bed
1 Bath
1300 sft

1472 Commonwealth Ave #A, Brighton, MA, 02135

2 Bed
2 Bath
1270 sft

399 Neponset #105, Canton, MA, 02021

3 Bed
3 Bath
1491 sft

17 Royal Lake Dr APT 4, Braintree, MA, 02184

4 Bed
2 Bath
1944 sft

32 Dike St, Woonsocket, RI, 02895

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Norfolk at 3 Elliot Mls #3, Norfolk, MA, 02056 earns from $1,560/mo rent with a $3,205/mo payment. Total monthly income totals $1,560/mo. ROI tracks 5.76% on current figures, and rental yield reads 2.86% at a $654,900 purchase. Equity gained on principal adds $4,226/yr, and 5% annual appreciation supports $180,937 over five years. Five-year ROI reaches 27.1% and total cumulative return in cash sums $58,384. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,560/mo property income instead of your personal income.

Condo

Built in 2026

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02056, Norfolk, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,671 (100%)
Owner Occupied HU	3,372 (91.9%)
Renter Occupied HU	224 ( 6.1%)
Vacant Housing Units	75 ( 2.0%)
Median Home Value	$761,786
Average Home Value	$779,264