3 Endicott St APT 1, Norwood, MA, 02062 | $195/mo Cash Flow

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Price: $300K - 500K

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3 Endicott St APT 1, Norwood, MA, 02062 | $195/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 3 Endicott St APT 1, Norwood, MA, 02062 with 5% annual appreciation on a $250,000 basis while $1,771/mo rent supports operations. Total monthly income totals $1,771/mo and a $1,224/mo payment preserves $195/mo for cash returns. Annual cash flow comes to $2,339/yr on $82,875 deployed, and return on cash invested reaches 22.73% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 8.5%. Five-year ROI measures 118.12% and total cumulative return in cash totals $97,894.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,771/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

Located at 3 Endicott Street U:01, Norwood, MA, this condominium offers an inviting home, ready to move in and start enjoying the comforts of condominium living or is a great investment opportunity. The kitchen is a delightful space. This 682 square feet condominium, features one bedroom, one full bathroom, and an open floor plan on the garden level, offering a comfortable and practical layout. This Norwood condominium presents an exceptional opportunity to embrace a simplified and satisfying lifestyle. Close to everything Norwood has to offer. Close to MBTA service, highways etc.

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