1303 Massachusetts Ave #6ALexingtonMA02420
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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 1303 Massachusetts Ave #6A, Lexington, MA, 02420 earns from $5,873/mo rent with a $6,133/mo payment. Total monthly income totals $5,873/mo. ROI tracks 14.39% on current figures, and rental yield reads 5.62% at a $1,253,100 purchase. Equity gained on principal adds $8,086/yr, and 5% annual appreciation supports $346,208 over five years. Five-year ROI reaches 73.28% and total cumulative return in cash sums $297,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,873/mo property income instead of your personal income.
Condo
Built in 1698
N/A 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: N/A • N/A
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