68 Los Angeles St #PENTHOUSE 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
Total monthly income runs $5,306/mo, and a $5,668/mo payment. Purchase price stands at $1,158,000, and rental yield measures 5.5% with $5,306/mo rent. Return on cash invested shows 14% in year one, and 5% annual appreciation builds toward $319,934 over five years. Five-year ROI reaches 71.2% and total cumulative return in cash records $267,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,306/mo property income covering a $5,668/mo payment rather than investor’s personal income.
Condo
Built in 2021
0.42 Acres 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: The Joni Shore Group • Douglas Elliman Real Estate - Wellesley
Mls Name: MLS PIN
Mls ID: #73437209