250 Hammond Pond Pkwy APT 1505NNewtonMA02467
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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
Total monthly income runs $4,902/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 4.71% with $4,902/mo rent. Return on cash invested shows 11.55% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 58.08% and total cumulative return in cash records $235,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,902/mo property income covering a $6,118/mo payment rather than investor’s personal income.
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: #73467704