24 Tolman St #A, Waltham, MA, 02453 | 2.89% Rental Yield

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Price: $300K - 500K

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24 Tolman St #A, Waltham, MA, 02453 | 2.89% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waltham at 24 Tolman St #A, Waltham, MA, 02453 priced at $1,195,000 converts $2,880/mo rent into after a $5,849/mo obligation. Total monthly income equals $2,880/mo. Return on cash invested prints 5.95% in year one, and rental yield reads 2.89% against a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation compiles into $330,156 by year five. Five-year ROI reaches 28.06% and total cumulative return in cash sums $108,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $5,849/mo payment, not borrower’s personal income.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Immerse yourself in luxury with this stunning new construction townhouse on the coveted Newton Line, showcasing top-quality finishes and thoughtful design. The 1st floor offers a welcoming entry foyer with cubbies and a flexible guest suite or den with private tiled bath and sliders to a rear deck, perfect for guests or a cozy retreat. The sun-filled living room flows into the dining area and chefs kitchen with quartz counters, island bar, stainless steel appliances, and pantry closet. Soaring ceilings, gleaming hardwood floors, crown moldings, and triple pane sound-proof windows enhance beauty and efficiency throughout. Upstairs, the primary suite boasts a stylish tiled bath with dual vanity. A finished basement family room provides extra space, while a private fenced yard adds exclusivity. Additional highlights include a garage plus convenient access to Moody Street restaurants, shops, parks, public transit, and commuter rail.