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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Needham at 60 Locust Ln, Needham, MA, 02492 projects strong ROI of 1.5%. Rental yield 1.45%. With 5% annual appreciation, the property builds $1,518,167 in value over five years. Equity growth combined delivers a projected five-year ROI of 4.15%, translating into $73,923 in total cumulative return on $1,780,380 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
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02492, Needham, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,404 (100%) |
| Owner Occupied HU | 6,183 (83.5%) |
| Renter Occupied HU | 999 (13.5%) |
| Vacant Housing Units | 222 ( 3.0%) |
| Median Home Value | $1,301,007 |
| Average Home Value | $1,338,050 |
Residential
7,513
Single Family
6,701
Multi-Family
812
Businesses
677
Date | Event | Price |
|---|---|---|
| 2025-09-18 | Listed for sale | $5,495,000 |
| 2025-09-15 | Listing removed | $5,875,000 |
| 2025-06-13 | Listed for sale | $5,875,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-22 | $14154.00 | -1.24% | $1,130,500 | 2.87% |
| 2023-09-22 | $14331.00 | 16.75% | $1,099,000 | 19.70% |
| 2022-09-22 | $12275.00 | 2.61% | $918,100 | N/A |
Listed by: The Samantha Eisenberg Group • Compass
Mls Name: MLS PIN
Mls ID: #73432989
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
