69-71 Hartford StNewton HighlandsMA02461
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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 Highlands at 69-71 Hartford St, Newton Highlands, MA, 02461 listed at $679,000 pairs $4,998/mo rent with a $3,323/mo payment to leave $719/mo cash flow. Total monthly income runs $4,998/mo, and annual cash flow reaches $8,625/yr on $223,391 cash to close. Return on cash invested measures 23.92% in year one, and rental yield registers 8.83% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 124.47% and total cumulative return in cash totals $278,051. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,998/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1950
9,518 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02461, Newton Highlands, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,827 (69.5%) |
| Renter Occupied HU | 676 (25.7%) |
| Vacant Housing Units | 127 ( 4.8%) |
| Median Home Value | $1,330,029 |
| Average Home Value | $1,391,180 |
Housing Distribution
Address Breakdown
Residential
2,796
Single Family
2,414
Multi-Family
382
Businesses
352
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Listed by: Daryl Cohan • Compass
Mls Name: MLS PIN
Mls ID: #73427330