56 Paradise Dr, Norwell, MA, 02061 | 5.36% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
5 Bath
5266 sft

39 Westbrook Ln, Westwood, MA, 02090

3 Bed
2 Bath
2197 sft

47 Wood Ave, Scituate, MA, 02066

4 Bed
3 Bath
3000 sft

3 Patriots Way, Hingham, MA, 02043

4 Bed
3 Bath
2938 sft

56 R F Higgins Dr, Norwell, MA, 02061

Nearby investment properties with comparable prices

2 Bed
3 Bath
1656 sft

771 Harrison Ave #305, Boston, MA, 02118

3 Bed
2 Bath
1505 sft

33 A St #404, Boston, MA, 02127

1 Bed
1 Bath
836 sft

682 Atlantic Ave #40M, Boston, MA, 02111

Currently Rented+ 1 more

12 Bed
3 Bath
6099 sft

849 Blue Hill Ave, Dorchester, MA, 02124

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $7,505/mo, and a $8,218/mo payment. Purchase price stands at $1,679,000, and rental yield measures 5.36% with $7,505/mo rent. Return on cash invested shows 13.58% in year one, and 5% annual appreciation builds toward $463,877 over five years. Five-year ROI reaches 68.97% and total cumulative return in cash records $375,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,505/mo property income covering a $8,218/mo payment rather than investor’s personal income.

Single Family

Built in 1999

1.44 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02061, Norwell, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,799 (100%)
Owner Occupied HU	3,485 (91.7%)
Renter Occupied HU	204 ( 5.4%)
Vacant Housing Units	110 ( 2.9%)
Median Home Value	$881,152
Average Home Value	$952,311