33 Hammond Pond Pkwy APT 2NewtonMA02467
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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 33 Hammond Pond Pkwy APT 2, Newton, MA, 02467 earns $181/mo cash flow from $3,011/mo rent with a $2,198/mo payment. Total monthly income totals $3,011/mo, and annual cash flow totals $2,168/yr on $148,844 capital. ROI tracks 21.37% on current figures, and rental yield reads 8.05% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash sums $164,908. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,011/mo property income instead of your personal income.
Condo
Built in 1945
2.36 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: Moselande Joseph • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73449047