5 Endicott St APT 3NorwoodMA02062
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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 Norwood at 5 Endicott St APT 3, Norwood, MA, 02062 at $349,000 posts ROI 29.62% with $936/mo cash flow from $3,136/mo rent. Total monthly income equals $3,136/mo, and annual cash flow records $11,238/yr on $115,694 to close. Return on cash invested measures 29.62% and rental yield reads 10.78% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 155.1% and total cumulative return in cash totals $179,436.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1963
N/A 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: Team Lillian Montalto • Lillian Montalto Signature Properties
Mls Name: MLS PIN
Mls ID: #73426708