31 Chapel StNorwoodMA02062
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
Investment Highlights
Rental property for sale in Norwood at 31 Chapel St, Norwood, MA, 02062 offers $3,556/mo rent that, after a $3,710/mo payment. Total monthly income is $3,556/mo. Return on cash invested measures 14.18% in year one, and rental yield stands at 5.63% at a $758,000 entry. Equity gained on principal adds $4,891/yr while 5% annual appreciation compounds into $209,421 by year five. Five-year ROI records 72.25% and total cumulative return in cash reaches $180,189. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,556/mo property income versus a $3,710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1907
4,791 sqft lot
$N/A/sqft
No 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
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A