99 Boardman StNorfolkMA02056
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 99 Boardman St, Norfolk, MA, 02056 in Norfolk at $770,000 earns $5,011/mo in rent and nets $158/mo after the $3,462/mo payment, a 7.81% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $212,737 over five years. Ziffy Mortgage underwrites this on a 1.45 DSCR without U.S. credit history. With $7,092/yr in principal paydown, total projected return reaches $302,540.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.5% |
| Monthly Cash Flow | $158 | $850 |
City averages based on Norfolk 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 | $5,011 |
| Total Monthly Debt Service | $4,547 |
| DSCR Ratio | 1.10x |
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 1983
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02056, Norfolk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,671 (100%) |
| Owner Occupied HU | 3,372 (91.9%) |
| Renter Occupied HU | 224 ( 6.1%) |
| Vacant Housing Units | 75 ( 2.0%) |
| Median Home Value | $761,786 |
| Average Home Value | $779,264 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,621
Multi-Family
63
Businesses
265
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 1983
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02056, Norfolk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,671 (100%) |
| Owner Occupied HU | 3,372 (91.9%) |
| Renter Occupied HU | 224 ( 6.1%) |
| Vacant Housing Units | 75 ( 2.0%) |
| Median Home Value | $761,786 |
| Average Home Value | $779,264 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,621
Multi-Family
63
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73546163