153 Hancock StNewtonMA02466
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
Total monthly income runs $4,824/mo, and a $7,826/mo payment. Purchase price stands at $1,599,000, and rental yield measures 3.62% with $4,824/mo rent. Return on cash invested shows 8.2% in year one, and 5% annual appreciation builds toward $441,774 over five years. Five-year ROI reaches 40.12% and total cumulative return in cash records $207,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,824/mo property income covering a $7,826/mo payment rather than investor’s personal income.
Single Family
Built in 1880
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarina Steinmetz • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73411561