548 Centre St APT 5NewtonMA02458
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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 548 Centre St APT 5, Newton, MA, 02458 offers a 9.42% rental yield on a $777,000 purchase with $6,100/mo rent. Total monthly income registers $6,100/mo, and a $3,803/mo payment leaves $1,203/mo available for distribution. Annual cash flow reaches $14,433/yr on $255,633 to close, and return on cash invested stands at 25.71% in year one. Equity gained on principal adds $5,014/yr while 5% annual appreciation supports $214,671 over five years. Portfolio math shows five-year ROI at 134.04% and total cumulative return in cash at $342,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,100/mo property income against a $3,803/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1940
N/A 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: Linda Shulman • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73463906