4 Charlotte RdNewtonMA02459
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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 Newton at 4 Charlotte Rd, Newton, MA, 02459 priced at $1,550,000 pairs $6,497/mo rent with after a $7,586/mo payment. Total monthly income equals $6,497/mo. Return on cash invested is 12.55% in year one, and rental yield stands at 5.03% on a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and 5% annual appreciation accumulates to $428,236 by year five. Five-year ROI measures 63.45% and total cumulative return in cash reaches $318,625. For financing, Ziffy Mortgage’s DSCR program evaluates $6,497/mo property income against a $7,586/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
8,360 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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Listed by: Gore Lietzke Group • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73411246