17 Gilbert StNewtonMA02465
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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 17 Gilbert St, Newton, MA, 02465 at $1,895,900 posts ROI 8.98% with from $6,121/mo rent. Total monthly income equals $6,121/mo. Return on cash invested measures 8.98% and rental yield reads 3.87% at the current $1,895,900. Equity gained on principal adds $12,234/yr, and 5% annual appreciation supports $523,802 by year five. Five-year ROI prints 44.31% and total cumulative return in cash totals $272,172. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,121/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
7,075 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02465, West Newton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,497 (100%) |
| Owner Occupied HU | 3,180 (70.7%) |
| Renter Occupied HU | 1,158 (25.8%) |
| Vacant Housing Units | 159 ( 3.5%) |
| Median Home Value | $1,222,628 |
| Average Home Value | $1,326,653 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
4,340
Multi-Family
179
Businesses
311
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Listed by: Linda Dumouchel • Realty Executives Boston West
Mls Name: MLS PIN
Mls ID: #73409713