449 Lowell Ave APT 7NewtonMA02460
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
Investment property for sale in Newton at 449 Lowell Ave APT 7, Newton, MA, 02460 offers a 4.43% rental yield on a $1,233,500 purchase with $4,556/mo rent. 82% in year one. Equity gained on principal adds $7,960/yr while 5% annual appreciation supports $340,793 over five years. Portfolio math shows five-year ROI at 44.13% and total cumulative return in cash at $176,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,556/mo property income against a $6,037/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1952
3.86 Acres lot
$N/A/sqft
$627 monthly 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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