31 Wildwood RdNorfolkMA02056
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
Investment property for sale in Norfolk at 31 Wildwood Rd, Norfolk, MA, 02056 at $699,900 posts ROI 21.9% with $352/mo cash flow from $4,764/mo rent. Total monthly income equals $4,764/mo, and annual cash flow records $4,228/yr on $230,267 to close. Return on cash invested measures 21.9% and rental yield reads 8.17% at the current $699,900. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 by year five. Five-year ROI prints 113.63% and total cumulative return in cash totals $261,644.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,764/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02056, Norfolk, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,621
Multi-Family
63
Businesses
265
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Nearby investment properties with comparable prices
Listed by: Albert Rao • Berkshire Hathaway HomeServices Page Realty
Mls Name: MLS PIN
Mls ID: #73404555