417 Washington StNorwoodMA02062
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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 Norwood at 417 Washington St, Norwood, MA, 02062 offers a 6.31% rental yield on a $925,000 purchase with $4,867/mo rent. 26% in year one. Equity gained on principal adds $5,969/yr while 5% annual appreciation supports $255,560 over five years. Portfolio math shows five-year ROI at 83.42% and total cumulative return in cash at $253,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,867/mo property income against a $4,527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
8,830 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
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Listed by: Sheila Moylan • Coldwell Banker Realty - Westwood
Mls Name: MLS PIN
Mls ID: #73401125