471 Washington StNewtonMA02458
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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 Newton at 471 Washington St, Newton, MA, 02458 at $1,250,000 posts ROI 10.19% with from $4,442/mo rent. Total monthly income equals $4,442/mo. Return on cash invested measures 10.19% and rental yield reads 4.26% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 50.76% and total cumulative return in cash totals $205,597. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,442/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
6,018 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: Biao Gao • Zander Realty Group
Mls Name: MLS PIN
Mls ID: #73365349
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