299 Albemarle RdNewtonMA02460
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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 299 Albemarle Rd, Newton, MA, 02460 listed at $989,900 pairs $5,759/mo rent with a $4,845/mo payment. Total monthly income runs $5,759/mo. Return on cash invested measures 18.29% in year one, and rental yield registers 6.98% at a $989,900 basis. Equity gained on principal adds $6,388/yr, and annual property appreciation at 5% supports $273,491 by year five. Five-year ROI tracks 94.28% and total cumulative return in cash totals $307,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,759/mo property income relative to a $4,845/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02460, Newtonville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,825 (100%) |
| Owner Occupied HU | 2,230 (58.3%) |
| Renter Occupied HU | 1,378 (36.0%) |
| Vacant Housing Units | 217 ( 5.7%) |
| Median Home Value | $1,228,134 |
| Average Home Value | $1,345,865 |
Housing Distribution
Address Breakdown
Residential
3,834
Single Family
3,092
Multi-Family
742
Businesses
388
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Listed by: Sandra Siciliano • Dwell360
Mls Name: MLS PIN
Mls ID: #73438070