301 Neponset St APT 30NorwoodMA02062
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 301 Neponset St APT 30, Norwood, MA, 02062 in Norwood is narrow, $138/mo net on $2,999/mo rent after the $1,326/mo debt service, but the property operates at break-even-plus, not a loss. At $294,997 with a 12.2% yield, the long-run equity case via 5% appreciation ($81,502 over five years) and $2,717/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.26 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $125,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 5.2% |
| Monthly Cash Flow | $138 | $850 |
City averages based on Norwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,999 |
| Total Monthly Debt Service | $2,743 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1963
N/A lot
$N/A/sqft
$1,001 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,130
Single Family
9,957
Multi-Family
3,173
Businesses
1,493
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1963
N/A lot
$N/A/sqft
$1,001 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,130
Single Family
9,957
Multi-Family
3,173
Businesses
1,493
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices