79 Walnut St APT 7NewtonMA02460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
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 |
Housing Distribution
Address Breakdown
Residential
3,834
Single Family
3,092
Multi-Family
742
Businesses
388
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Nearby investment properties with comparable prices
Listed by: Jane Goldman • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73407332