1597 Centre St #1597Newton 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
Total monthly income runs $4,998/mo, and a $9,177/mo payment. Purchase price stands at $1,875,000, and rental yield measures 3.2% with $4,998/mo rent. Return on cash invested shows 6.9% in year one, and 5% annual appreciation builds toward $518,028 over five years. Five-year ROI reaches 33.13% and total cumulative return in cash records $201,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,998/mo property income covering a $9,177/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
8,951 sqft 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: Patrick Mulligan • Northeast Realty + Co.
Mls Name: MLS PIN
Mls ID: #73464625