31 Owen Rd UNIT 31NortonMA02766
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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
Investment property for sale in Norton at 31 Owen Rd UNIT 31, Norton, MA, 02766 offers a 5.94% rental yield on a $720,000 purchase with $3,566/mo rent. 14% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,923 over five years. Portfolio math shows five-year ROI at 77.36% and total cumulative return in cash at $183,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,566/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2008
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: Team Pearlstein • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73453830