214 River St #214West NewtonMA02465
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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 West Newton at 214 River St #214, West Newton, MA, 02465 offers a 5.91% rental yield on a $839,900 purchase with $4,140/mo rent. 05% in year one. Equity gained on principal adds $5,420/yr while 5% annual appreciation supports $232,049 over five years. Portfolio math shows five-year ROI at 76.91% and total cumulative return in cash at $212,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,140/mo property income against a $4,111/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1880
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: Valerie Wastcoat • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73466412