15 Selden StNewtonMA02468
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
Investment Highlights
Rental property for sale in Newton at 15 Selden St, Newton, MA, 02468 priced at $1,466,700 converts $11,878/mo rent into $2,633/mo cash flow after a $7,179/mo obligation. Total monthly income equals $11,878/mo, and annual cash flow totals $31,601/yr on $475,211 invested. Return on cash invested prints 27.02% in year one, and rental yield reads 9.72% against a $1,466,700 entry. Equity gained on principal adds $9,464/yr, while 5% annual appreciation compiles into $405,222 by year five. Five-year ROI reaches 141.03% and total cumulative return in cash sums $670,184. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $11,878/mo property income covering a $7,179/mo payment, not borrower’s personal income.
Single Family
Built in 1933
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02468, Waban, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,720 (84.6%) |
| Renter Occupied HU | 253 (12.5%) |
| Vacant Housing Units | 59 ( 2.9%) |
| Median Home Value | $1,636,146 |
| Average Home Value | $1,624,507 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,918
Multi-Family
43
Businesses
111
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Listed by: N/A • N/A
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