3 Village Way APT BNortonMA02766
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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
Rental property for sale in Norton at 3 Village Way APT B, Norton, MA, 02766 priced at $368,000 converts $3,440/mo rent into $1,121/mo cash flow after a $1,801/mo obligation. Total monthly income equals $3,440/mo, and annual cash flow totals $13,449/yr on $121,992 invested. Return on cash invested prints 30.93% in year one, and rental yield reads 11.22% against a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation compiles into $101,672 by year five. Five-year ROI reaches 162.1% and total cumulative return in cash sums $197,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,440/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02766, Norton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,028 (100%) |
| Owner Occupied HU | 5,688 (80.9%) |
| Renter Occupied HU | 1,147 (16.3%) |
| Vacant Housing Units | 193 ( 2.7%) |
| Median Home Value | $595,323 |
| Average Home Value | $613,839 |
Housing Distribution
Address Breakdown
Residential
6,723
Single Family
5,716
Multi-Family
1,007
Businesses
416
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Listed by: Shawna Young • Donahue Real Estate Co.
Mls Name: MLS PIN
Mls ID: #73411284