38 New Taunton AveNortonMA02766
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 38 New Taunton Ave, Norton, MA, 02766 in Norton offers a clean, manageable entry. Rental yield 7.4%. DSCR 1.37 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $147,783 in additional property value over five years, with $4,926/yr in principal equity building ownership stake. Total projected cumulative return: $198,519.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.2% |
| Monthly Cash Flow | $(71) | $350 |
City averages based on Norton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,300 |
| Total Monthly Debt Service | $3,159 |
| DSCR Ratio | 1.04x |
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.
Single Family
Built in 1965
0.44 Acres 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
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
Single Family
Built in 1965
0.44 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73502728