34 Chestnut TerNewtonMA02459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chestnut Ter, Newton, MA, 02459 listed at $1,800,000 pairs $6,928/mo rent with a $8,810/mo payment. Total monthly income runs $6,928/mo. Return on cash invested measures 11.28% in year one, and rental yield registers 4.62% at a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and annual property appreciation at 5% supports $497,307 by year five. Five-year ROI tracks 56.62% and total cumulative return in cash totals $330,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,928/mo property income relative to a $8,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
9,622 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02459, Newton Center, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,329 (100%) |
| Owner Occupied HU | 5,690 (77.6%) |
| Renter Occupied HU | 1,239 (16.9%) |
| Vacant Housing Units | 400 ( 5.5%) |
| Median Home Value | $1,446,253 |
| Average Home Value | $1,497,728 |
Housing Distribution
Address Breakdown
Residential
6,744
Single Family
5,992
Multi-Family
752
Businesses
797
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Nearby investment properties with comparable prices
Listed by: Debby Belt • Hammond Residential Real Estate
Mls Name: MLS PIN
Mls ID: #73466556