183 Oak St APT 205NewtonMA02464
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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 183 Oak St APT 205, Newton, MA, 02464 earns from $4,468/mo rent with a $3,617/mo payment. Total monthly income totals $4,468/mo. ROI tracks 19.12% on current figures, and rental yield reads 7.26% at a $739,000 purchase. Equity gained on principal adds $4,769/yr, and 5% annual appreciation supports $204,172 over five years. Five-year ROI reaches 98.76% and total cumulative return in cash sums $240,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,468/mo property income instead of your personal income.
Condo
Built in 1988
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02464, Newton Upper Falls, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,544 (100%) |
| Owner Occupied HU | 901 (58.4%) |
| Renter Occupied HU | 554 (35.9%) |
| Vacant Housing Units | 89 ( 5.8%) |
| Median Home Value | $970,905 |
| Average Home Value | $1,082,001 |
Housing Distribution
Address Breakdown
Residential
1,288
Single Family
974
Multi-Family
314
Businesses
259
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Listed by: Siyi Wang • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73401856