65-67 Pearl St #1NewtonMA02458
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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
Total monthly income runs $5,520/mo, and a $4,351/mo payment. Purchase price stands at $889,000, and rental yield measures 7.45% with $5,520/mo rent. Return on cash invested shows 19.72% in year one, and 5% annual appreciation builds toward $245,614 over five years. Five-year ROI reaches 101.93% and total cumulative return in cash records $298,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,520/mo property income covering a $4,351/mo payment rather than investor’s personal income.
Condo
Built in 1881
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: Kanglun Peng • KM Realty Group
Mls Name: MLS PIN
Mls ID: #73462580