10 Hammond Pond Pkwy APT 606NewtonMA02467
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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 Newton at 10 Hammond Pond Pkwy APT 606, Newton, MA, 02467 uses $104,423 cash to close to unlock $10,576/yr annual cash flow and $881/mo monthly cash flow. Total monthly income runs $2,867/mo, and a $1,542/mo payment keeps the spread at $881/mo. Purchase price stands at $315,000, and rental yield measures 10.92% with $2,867/mo rent. Return on cash invested shows 30.04% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 157.33% and total cumulative return in cash records $164,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,867/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Apartment
Built in 1960
4.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02467, Chestnut Hill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,349 (100%) |
| Owner Occupied HU | 4,325 (58.9%) |
| Renter Occupied HU | 2,313 (31.5%) |
| Vacant Housing Units | 711 ( 9.7%) |
| Median Home Value | $1,542,741 |
| Average Home Value | $1,485,652 |
Housing Distribution
Address Breakdown
Residential
7,093
Single Family
4,453
Multi-Family
2,640
Businesses
505
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Listed by: N/A • N/A
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