79 Walnut St APT 7, Newton, MA, 02460 | $242/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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79 Walnut St APT 7, Newton, MA, 02460 | $242/mo Cash Flow | 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

Rental property for sale in Newton at 79 Walnut St APT 7, Newton, MA, 02460 offers $2,731/mo rent that, after a $1,933/mo payment, leaves $242/mo cash flow. Total monthly income is $2,731/mo, and annual cash flow is $2,901/yr on $130,943 cash. Return on cash invested measures 22.12% in year one, and rental yield stands at 8.3% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 114.88% and total cumulative return in cash reaches $150,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,731/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Sunny One Bedroom Condo on the Second Floor with two Deeded Parking Spaces in a Fantastic Newtonville Location! New Kitchen Appliances. Near Stores, Restaurants, Albemarle Park, Local Schools, Downtown Bus and MBTA Commuter Rail. Association fee of $500 monthly includes Heat among other Amenities. Won't last at this price!!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02460, Newtonville, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,825 (100%)
Owner Occupied HU	2,230 (58.3%)
Renter Occupied HU	1,378 (36.0%)
Vacant Housing Units	217 ( 5.7%)
Median Home Value	$1,228,134
Average Home Value	$1,345,865