160 Pine St APT 12NewtonMA02466
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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
Investment property for sale in Newton at 160 Pine St APT 12, Newton, MA, 02466 offers a 6.21% rental yield on a $899,000 purchase with $4,652/mo rent. 95% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 81.7% and total cumulative return in cash at $241,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,652/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
N/A 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: Wendy Pannebaker Matthews • Hammond Residential Real Estate
Mls Name: MLS PIN
Mls ID: #73468049