326-326 Austin St #AWest NewtonMA02465
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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
Rental property for sale in West Newton at 326-326 Austin St #A, West Newton, MA, 02465 generates $4,800/mo in rent, after a $5,335/mo payment. Total monthly income is $4,800/mo. Return on cash invested sits at 13.34% in year one, and rental yield is 5.28% on a $1,090,000 entry. Equity gained on principal adds $7,034/yr, while 5% annual appreciation builds toward $301,147 over five years. Five-year ROI reaches 67.65% and total cumulative return in cash sums $238,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
10,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02465, West Newton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,497 (100%) |
| Owner Occupied HU | 3,180 (70.7%) |
| Renter Occupied HU | 1,158 (25.8%) |
| Vacant Housing Units | 159 ( 3.5%) |
| Median Home Value | $1,222,628 |
| Average Home Value | $1,326,653 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
4,340
Multi-Family
179
Businesses
311
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Listed by: Maureen Mulrooney • RE/MAX Real Estate Center
Mls Name: MLS PIN
Mls ID: #73425220