44 Blake St #2NewtonvilleMA02460
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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
Investment property for sale in Newtonville at 44 Blake St #2, Newtonville, MA, 02460 at $799,000 posts ROI 17.06% with from $4,380/mo rent. Total monthly income equals $4,380/mo. Return on cash invested measures 17.06% and rental yield reads 6.58% at the current $799,000. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 by year five. Five-year ROI prints 87.7% and total cumulative return in cash totals $230,538. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,380/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1940
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02460, Newtonville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,825 (100%) |
| Owner Occupied HU | 2,230 (58.3%) |
| Renter Occupied HU | 1,378 (36.0%) |
| Vacant Housing Units | 217 ( 5.7%) |
| Median Home Value | $1,228,134 |
| Average Home Value | $1,345,865 |
Housing Distribution
Address Breakdown
Residential
3,834
Single Family
3,092
Multi-Family
742
Businesses
388
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Listed by: Ronald Gagnon • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73457753