102 Thurston Rd #100NewtonMA02464
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 102 Thurston Rd #100, Newton, MA, 02464 in Newton fits: $1,750,000, 5.27% gross yield, and a projected 5% annual appreciation rate adding $483,493 in value within five years. Rental yield 5.27%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.98) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $16,118/yr in principal paydown and $483,493 in appreciation project a total return of $449,266.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 5.2% |
| Monthly Cash Flow | $(3,344) | $700 |
City averages based on Newton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,686 |
| Total Monthly Debt Service | $10,334 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 2020
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02464, Newton Upper Falls, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,544 (100%) |
| Owner Occupied HU | 901 (58.4%) |
| Renter Occupied HU | 554 (35.9%) |
| Vacant Housing Units | 89 ( 5.8%) |
| Median Home Value | $970,905 |
| Average Home Value | $1,082,001 |
Housing Distribution
Address Breakdown
Residential
1,288
Single Family
974
Multi-Family
314
Businesses
259
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
Townhouse
Built in 2020
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02464, Newton Upper Falls, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,544 (100%) |
| Owner Occupied HU | 901 (58.4%) |
| Renter Occupied HU | 554 (35.9%) |
| Vacant Housing Units | 89 ( 5.8%) |
| Median Home Value | $970,905 |
| Average Home Value | $1,082,001 |
Housing Distribution
Address Breakdown
Residential
1,288
Single Family
974
Multi-Family
314
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Driscoll • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73435141