899 Greendale AveNeedhamMA02492
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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
Investment Highlights
Investment property for sale in Needham at 899 Greendale Ave, Needham, MA, 02492 listed at $1,180,000 pairs $4,101/mo rent with a $5,776/mo payment. Total monthly income runs $4,101/mo. Return on cash invested measures 9.9% in year one, and rental yield registers 4.17% at a $1,180,000 basis. Equity gained on principal adds $7,614/yr, and annual property appreciation at 5% supports $326,012 by year five. Five-year ROI tracks 49.21% and total cumulative return in cash totals $188,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,101/mo property income relative to a $5,776/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
10,218 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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Listed by: Richard Gatto • The Gatto Agency
Mls Name: MLS PIN
Mls ID: #73427101
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