577 Grove St, Newton, MA, 02462 | ROI: 2.35%

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newton at 577 Grove St, Newton, MA, 02462 projects strong ROI of 2.35%. Rental yield 1.72%. With 5% annual appreciation, the property builds $856,473 in value over five years. Equity growth combined delivers a projected five-year ROI of 8.72%, translating into $87,602 in total cumulative return on $1,004,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 2025

0.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02462, Newton Lower Falls, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	563 (100%)
Owner Occupied HU	366 (65.0%)
Renter Occupied HU	168 (29.8%)
Vacant Housing Units	29 ( 5.2%)
Median Home Value	$1,369,048
Average Home Value	$1,441,598