15 Freeman StNewtonMA02466
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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 at 15 Freeman St, Newton, MA, 02466 priced at $1,648,000 converts $5,326/mo rent into after a $8,066/mo obligation. Total monthly income equals $5,326/mo. Return on cash invested prints 9% in year one, and rental yield reads 3.88% against a $1,648,000 entry. Equity gained on principal adds $10,634/yr, while 5% annual appreciation compiles into $455,312 by year five. Five-year ROI reaches 44.38% and total cumulative return in cash sums $236,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,326/mo property income covering a $8,066/mo payment, not borrower’s personal income.
Single Family
Built in 1933
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02466, Auburndale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 1,893 (58.5%) |
| Renter Occupied HU | 1,218 (37.7%) |
| Vacant Housing Units | 124 ( 3.8%) |
| Median Home Value | $1,334,974 |
| Average Home Value | $1,394,876 |
Housing Distribution
Address Breakdown
Residential
3,102
Single Family
1,980
Multi-Family
1,122
Businesses
304
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Listed by: Richard Saris • Commonwealth Standard Realty Advisors
Mls Name: MLS PIN
Mls ID: #73425401