79 Chestnut St #2, Newton, MA, 02465 | 6.78% Rental Yield

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Price: $300K - 500K

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79 Chestnut St #2, Newton, MA, 02465 | 6.78% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newton at 79 Chestnut St #2, Newton, MA, 02465 listed at $695,000 pairs $3,924/mo rent with a $3,402/mo payment. Total monthly income runs $3,924/mo. Return on cash invested measures 17.66% in year one, and rental yield registers 6.78% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 90.93% and total cumulative return in cash totals $207,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,924/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1890

N/A lot

$N/A/sqft

No HOA

More details about the property

Elegant Victorian townhouse-style condo in desirable West Newton Hill. This sun-filled 2 bedroom, 2 bath home blends period charm with modern updates. There are high ceilings, gleaming hardwood floors, decorative working fireplace, and a modern granite/stainless kitchen with adjoining dining area. On the second floor there is a spacious primary suite with a modern full bath and ample closets, the second bedroom, the seconf full bath, and the laundry room. Highlights include a large private deck with expansive views, updated A/C system, new windows, and two parking spaces. Enjoy a large common yard and basement storage. Ideally located near Peirce School and close to West Newton Square shops, restaurants, and cinema, with easy access to Mass Pike and close to Commuter Rail stop. Do not miss! OH Sat-Sun, 10/11&12, 12-1:30.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02465, West Newton, MA area.

Housing Distribution

Housing Statistics

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