46 Roosevelt 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 46 Roosevelt Rd, Newton, MA, 02459 offers $4,561/mo rent that, after a $5,139/mo payment. Total monthly income is $4,561/mo. Return on cash invested measures 13.11% in year one, and rental yield stands at 5.21% at a $1,049,900 entry. Equity gained on principal adds $6,775/yr while 5% annual appreciation compounds into $290,068 by year five. Five-year ROI records 66.47% and total cumulative return in cash reaches $226,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,561/mo property income versus a $5,139/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
6,400 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: Michael Lavery • eXp Realty
Mls Name: MLS PIN
Mls ID: #73428386