250 Hammond Pond Pkwy APT 1205NNewtonMA02467
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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 250 Hammond Pond Pkwy APT 1205N, Newton, MA, 02467 listed at $1,100,000 pairs $4,655/mo rent with a $5,384/mo payment. Total monthly income runs $4,655/mo. Return on cash invested measures 12.7% in year one, and rental yield registers 5.08% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 64.23% and total cumulative return in cash totals $228,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,655/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
17.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02467, Chestnut Hill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,349 (100%) |
| Owner Occupied HU | 4,325 (58.9%) |
| Renter Occupied HU | 2,313 (31.5%) |
| Vacant Housing Units | 711 ( 9.7%) |
| Median Home Value | $1,542,741 |
| Average Home Value | $1,485,652 |
Housing Distribution
Address Breakdown
Residential
7,093
Single Family
4,453
Multi-Family
2,640
Businesses
505
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Listed by: Richard C. Dore • Hammond Residential Real Estate
Mls Name: MLS PIN
Mls ID: #73471791