20 Kinmonth Rd #201NewtonMA02468
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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 20 Kinmonth Rd #201, Newton, MA, 02468 earns from $4,188/mo rent with a $3,911/mo payment. Total monthly income totals $4,188/mo. ROI tracks 16.19% on current figures, and rental yield reads 6.29% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 83% and total cumulative return in cash sums $218,190. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,188/mo property income instead of your personal income.
Condo
Built in 2020
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02468, Waban, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,720 (84.6%) |
| Renter Occupied HU | 253 (12.5%) |
| Vacant Housing Units | 59 ( 2.9%) |
| Median Home Value | $1,636,146 |
| Average Home Value | $1,624,507 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,918
Multi-Family
43
Businesses
111
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Listed by: William Montero • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73467929