168 Richdale RdNeedhamMA02494
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 Needham at 168 Richdale Rd, Needham, MA, 02494 priced at $1,100,000 pairs $5,011/mo rent with after a $5,384/mo payment. Total monthly income equals $5,011/mo. Return on cash invested is 13.9% in year one, and rental yield stands at 5.47% on a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and 5% annual appreciation accumulates to $303,910 by year five. Five-year ROI measures 70.66% and total cumulative return in cash reaches $251,827. For financing, Ziffy Mortgage’s DSCR program evaluates $5,011/mo property income against a $5,384/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02494, Needham Heights, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,424 (100%) |
| Owner Occupied HU | 2,729 (61.7%) |
| Renter Occupied HU | 1,359 (30.7%) |
| Vacant Housing Units | 336 ( 7.6%) |
| Median Home Value | $1,132,830 |
| Average Home Value | $1,231,080 |
Housing Distribution
Address Breakdown
Residential
4,439
Single Family
3,096
Multi-Family
1,343
Businesses
829
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan Barrett • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73467792