1151 Walnut St #301Newton HighlandsMA02461
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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 Newton Highlands at 1151 Walnut St #301, Newton Highlands, MA, 02461 generates $4,036/mo in rent, after a $5,849/mo payment. Total monthly income is $4,036/mo. Return on cash invested sits at 9.53% in year one, and rental yield is 4.05% on a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 47.27% and total cumulative return in cash sums $183,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,036/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02461, Newton Highlands, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,827 (69.5%) |
| Renter Occupied HU | 676 (25.7%) |
| Vacant Housing Units | 127 ( 4.8%) |
| Median Home Value | $1,330,029 |
| Average Home Value | $1,391,180 |
Housing Distribution
Address Breakdown
Residential
2,796
Single Family
2,414
Multi-Family
382
Businesses
352
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Listed by: Alison Haran • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73469358