558 Pleasant 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
Rental property for sale in Norwood at 558 Pleasant St, Norwood, MA, 02062 priced at $1,225,000 pairs $7,224/mo rent with after a $5,996/mo payment. Total monthly income equals $7,224/mo. Return on cash invested is 18.87% in year one, and rental yield stands at 7.08% on a $1,225,000 basis. Equity gained on principal adds $7,905/yr, and 5% annual appreciation accumulates to $338,445 by year five. Five-year ROI measures 97.31% and total cumulative return in cash reaches $386,208. For financing, Ziffy Mortgage’s DSCR program evaluates $7,224/mo property income against a $5,996/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1924
0.89 Acres 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: Ron Resha • Coldwell Banker Realty - Canton
Mls Name: MLS PIN
Mls ID: #73446281