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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Norfolk at 3 Sparrow Rd, Norfolk, MA, 02056 priced at $799,900 converts $5,425/mo rent into $383/mo cash flow after a $3,915/mo obligation. Total monthly income equals $5,425/mo, and annual cash flow totals $4,602/yr on $263,167 invested. Return on cash invested prints 21.81% in year one, and rental yield reads 8.14% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 113.15% and total cumulative return in cash sums $297,768. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,425/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 1983
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02056, Norfolk, MA area.
| 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 |
Residential
3,684
Single Family
3,621
Multi-Family
63
Businesses
265
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Anthony Rampone • HomeSmart Professionals Real Estate
Mls Name: MLS PIN
Mls ID: #73453230
