14-16 Cottage PlWest NewtonMA02465
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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 West Newton at 14-16 Cottage Pl, West Newton, MA, 02465 listed at $575,000 pairs $4,879/mo rent with a $2,814/mo payment to leave $1,255/mo cash flow. Total monthly income runs $4,879/mo, and annual cash flow reaches $15,063/yr on $189,175 cash to close. Return on cash invested measures 28.02% in year one, and rental yield registers 10.18% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 146.49% and total cumulative return in cash totals $277,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,879/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1880
3,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02465, West Newton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,497 (100%) |
| Owner Occupied HU | 3,180 (70.7%) |
| Renter Occupied HU | 1,158 (25.8%) |
| Vacant Housing Units | 159 ( 3.5%) |
| Median Home Value | $1,222,628 |
| Average Home Value | $1,326,653 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
4,340
Multi-Family
179
Businesses
311
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Listed by: Kara Apostolica • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73456263