183 Oak St APT 307NewtonMA02464
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
Investment property for sale in Newton at 183 Oak St APT 307, Newton, MA, 02464 listed at $670,000 pairs $4,171/mo rent with a $3,279/mo payment. Total monthly income runs $4,171/mo. Return on cash invested measures 19.78% in year one, and rental yield registers 7.47% at a $670,000 basis. Equity gained on principal adds $4,323/yr, and annual property appreciation at 5% supports $185,109 by year five. Five-year ROI tracks 102.27% and total cumulative return in cash totals $225,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,171/mo property income relative to a $3,279/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard C. Dore • Hammond Residential Real Estate
Mls Name: MLS PIN
Mls ID: #73442300