86 Washington AveNeedhamMA02492
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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
Investment property for sale in Needham at 86 Washington Ave, Needham, MA, 02492 at $1,325,000 posts ROI 12.74% with from $5,623/mo rent. Total monthly income equals $5,623/mo. Return on cash invested measures 12.74% and rental yield reads 5.09% at the current $1,325,000. Equity gained on principal adds $8,550/yr, and 5% annual appreciation supports $366,073 by year five. Five-year ROI prints 64.47% and total cumulative return in cash totals $276,772. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,623/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
10,106 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02492, Needham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,404 (100%) |
| Owner Occupied HU | 6,183 (83.5%) |
| Renter Occupied HU | 999 (13.5%) |
| Vacant Housing Units | 222 ( 3.0%) |
| Median Home Value | $1,301,007 |
| Average Home Value | $1,338,050 |
Housing Distribution
Address Breakdown
Residential
7,513
Single Family
6,701
Multi-Family
812
Businesses
677
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Nearby investment properties with comparable prices
Listed by: Alison Borrelli • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73435212