








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Newton at 76 Taft Ave #1, Newton, MA, 02465 priced at $599,000 converts $3,451/mo rent into after a $2,932/mo obligation. Total monthly income equals $3,451/mo. Return on cash invested prints 18.08% in year one, and rental yield reads 6.91% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 93.18% and total cumulative return in cash sums $183,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,451/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Condo
Built in 1892
5,889 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02465, West Newton, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,497 (100%) |
| Owner Occupied HU | 3,180 (70.7%) |
| Renter Occupied HU | 1,158 (25.8%) |
| Vacant Housing Units | 159 ( 3.5%) |
| Median Home Value | $1,222,628 |
| Average Home Value | $1,326,653 |
Residential
4,519
Single Family
4,340
Multi-Family
179
Businesses
311
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ruth Cheng • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73451429