23 Orchard St #23NewtonMA02458
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 23 Orchard St #23, Newton, MA, 02458 in Newton. Rental yield 7.06%. The 1.31 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $446,195 and $14,874/yr in principal reduction project total return of $569,348.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.2% |
| Monthly Cash Flow | $(681) | $700 |
City averages based on Newton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,498 |
| Total Monthly Debt Service | $9,537 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02458, Newton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,609 (100%) |
| Owner Occupied HU | 2,853 (50.9%) |
| Renter Occupied HU | 2,349 (41.9%) |
| Vacant Housing Units | 407 ( 7.3%) |
| Median Home Value | $1,219,833 |
| Average Home Value | $1,320,207 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
4,490
Multi-Family
746
Businesses
528
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
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02458, Newton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,609 (100%) |
| Owner Occupied HU | 2,853 (50.9%) |
| Renter Occupied HU | 2,349 (41.9%) |
| Vacant Housing Units | 407 ( 7.3%) |
| Median Home Value | $1,219,833 |
| Average Home Value | $1,320,207 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
4,490
Multi-Family
746
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Ehrenfried • Clear Path
Mls Name: MLS PIN
Mls ID: #73468572