38 Longacre Rd, Needham, MA, 02492 | ROI: 11.97%

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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38 Longacre Rd, Needham, MA, 02492 | ROI: 11.97% | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Needham at 38 Longacre Rd, Needham, MA, 02492 projects strong ROI of 11.97%. Rental yield 4.84%. With 5% annual appreciation, the property builds $621,634 in value over five years. Equity growth combined delivers a projected five-year ROI of 60.32%, translating into $439,721 in total cumulative return on $729,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 2006

10,498 sqft lot

$N/A/sqft

No HOA

More details about the property

This 20 year old home is a rare opportunity that offers a perfect blend of charm & modern luxury. From the minute you step foot on the farmers porch and enter the expansive entrance hallway you are greeted by a home office and a grand staircase . The first floor includes an a gourmet cherry kitchen, a room of windows overlooking the private fenced in backyard, family room with a stone fireplace & custom built ins, and a dining room featuring a coffered ceiling.The second floor includes a gracious primary suite, four additional spacious bedrooms, two full baths and a laundry room.The third floor is unfinished and ready for you to make it your own.The lower level offers a large recreation room, a full bath and an expansive basement storage area. The yard is meticulously maintained with mature plantings and a patio that is perfect for outdoor entertaining.Ideally located near all that Needham has to offer. Broadmeadow Elementary School is another highlight for this beauty! Easy to show.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02492, Needham, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,404 (100%)
Owner Occupied HU	6,183 (83.5%)
Renter Occupied HU	999 (13.5%)
Vacant Housing Units	222 ( 3.0%)
Median Home Value	$1,301,007
Average Home Value	$1,338,050