193 Oak St APT 403NewtonMA02464
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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 193 Oak St APT 403, Newton, MA, 02464 earns $394/mo cash flow from $3,473/mo rent with a $2,391/mo payment. Total monthly income totals $3,473/mo, and annual cash flow totals $4,728/yr on $161,938 capital. ROI tracks 22.83% on current figures, and rental yield reads 8.53% at a $488,500 purchase. Equity gained on principal adds $3,152/yr, and 5% annual appreciation supports $134,964 over five years. Five-year ROI reaches 118.67% and total cumulative return in cash sums $192,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,473/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: Irina Slepak • Commonwealth Standard Realty Advisors
Mls Name: MLS PIN
Mls ID: #73459470