34 Channing St STE 1NewtonMA02458
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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 34 Channing St STE 1, Newton, MA, 02458 earns $203/mo cash flow from $4,602/mo rent with a $3,416/mo payment. Total monthly income totals $4,602/mo, and annual cash flow totals $2,436/yr on $229,642 capital. ROI tracks 21.12% on current figures, and rental yield reads 7.91% at a $698,000 purchase. Equity gained on principal adds $4,504/yr, and 5% annual appreciation supports $192,845 over five years. Five-year ROI reaches 109.45% and total cumulative return in cash sums $251,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,602/mo property income instead of your personal income.
Condo
Built in 1910
3,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02458, Newton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,609 (100%) |
| Owner Occupied HU | 2,853 (50.9%) |
| Renter Occupied HU | 2,349 (41.9%) |
| Vacant Housing Units | 407 ( 7.3%) |
| Median Home Value | $1,219,833 |
| Average Home Value | $1,320,207 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
4,490
Multi-Family
746
Businesses
528
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Listed by: Tiesong Ma • United Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73410928