16 Carthay Cir UNIT 16, Newton Highlands, MA, 02461 | 4.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,998/mo, and a $6,847/mo payment. Purchase price stands at $1,399,000, and rental yield measures 4.29% with $4,998/mo rent. Return on cash invested shows 10.26% in year one, and 5% annual appreciation builds toward $386,518 over five years. Five-year ROI reaches 51.14% and total cumulative return in cash records $231,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,998/mo property income covering a $6,847/mo payment rather than investor’s personal income.

Townhouse

Built in 1999

8,509 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