401 Dedham St #BNewtonMA02459
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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 401 Dedham St #B, Newton, MA, 02459 priced at $1,279,000 pairs $5,538/mo rent with after a $6,260/mo payment. Total monthly income equals $5,538/mo. Return on cash invested is 13.06% in year one, and rental yield stands at 5.2% on a $1,279,000 basis. Equity gained on principal adds $8,253/yr, and 5% annual appreciation accumulates to $353,364 by year five. Five-year ROI measures 66.18% and total cumulative return in cash reaches $274,258. For financing, Ziffy Mortgage’s DSCR program evaluates $5,538/mo property income against a $6,260/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1980
28.49 Acres 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: Tracy Reed • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73466205