103 N Hancock StLexingtonMA02420
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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 Lexington at 103 N Hancock St, Lexington, MA, 02420 with 5% annual appreciation on a $850,000 basis while $4,841/mo rent supports operations. 85% in year one. Equity gained on principal adds $5,485/yr, and five-year appreciation sums $234,839 alongside rental yield of 6.83%. Five-year ROI measures 91.88% and total cumulative return in cash totals $256,954. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,841/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
6,115 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02420, Lexington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,219 (100%) |
| Owner Occupied HU | 4,477 (85.8%) |
| Renter Occupied HU | 561 (10.7%) |
| Vacant Housing Units | 181 ( 3.5%) |
| Median Home Value | $1,328,517 |
| Average Home Value | $1,401,438 |
Housing Distribution
Address Breakdown
Residential
5,498
Single Family
5,186
Multi-Family
312
Businesses
739
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Listed by: The Tom and Joanne Team • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73446451