96 E Side Pkwy #96NewtonMA02458
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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 Newton at 96 E Side Pkwy #96, Newton, MA, 02458 offers a 3.61% rental yield on a $1,799,900 purchase with $5,415/mo rent. 17% in year one. Equity gained on principal adds $11,614/yr while 5% annual appreciation supports $497,279 over five years. Portfolio math shows five-year ROI at 39.94% and total cumulative return in cash at $232,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,415/mo property income against a $8,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
9,262 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02458, Newton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,609 (100%) |
| Owner Occupied HU | 2,853 (50.9%) |
| Renter Occupied HU | 2,349 (41.9%) |
| Vacant Housing Units | 407 ( 7.3%) |
| Median Home Value | $1,219,833 |
| Average Home Value | $1,320,207 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
4,490
Multi-Family
746
Businesses
528
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Listed by: Leah Rossi • RE/MAX Preferred Properties
Mls Name: MLS PIN
Mls ID: #73425118