2-18 Elm St #8West NewtonMA02465
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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 West Newton at 2-18 Elm St #8, West Newton, MA, 02465 listed at $1,560,000 pairs $4,320/mo rent with a $7,635/mo payment. Total monthly income runs $4,320/mo. Return on cash invested measures 7.28% in year one, and rental yield registers 3.32% at a $1,560,000 basis. Equity gained on principal adds $10,066/yr, and annual property appreciation at 5% supports $430,999 by year five. Five-year ROI tracks 35.19% and total cumulative return in cash totals $177,849. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,320/mo property income relative to a $7,635/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A 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: Esin Susol Team • William Raveis R. E. & Home Services
Mls Name: MLS PIN
Mls ID: #73451755