4 Remick TerNewtonMA02458
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
Rental property for sale in Newton at 4 Remick Ter, Newton, MA, 02458 generates $4,411/mo in rent, after a $4,644/mo payment. Total monthly income is $4,411/mo. Return on cash invested sits at 14.03% in year one, and rental yield is 5.58% on a $948,800 entry. Equity gained on principal adds $6,122/yr, while 5% annual appreciation builds toward $262,136 over five years. Five-year ROI reaches 71.42% and total cumulative return in cash sums $222,933. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,411/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
3,632 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: John Allaire • Easton Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73433431