147 Langdon Ave #149WatertownMA02472
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 147 Langdon Ave #149, Watertown, MA, 02472 in Watertown is a conservative rental investment at $738,000. Rental yield 6.26%. A 1.16 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $203,896; $6,797/yr in principal paydown supplements. Total projected return: $228,672.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 5.2% |
| Monthly Cash Flow | $(801) | $1,200 |
City averages based on Watertown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,851 |
| Total Monthly Debt Service | $4,358 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1920
4,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
Nearby investment properties with comparable rents
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
Condo
Built in 1920
4,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Davis • Prime Realty
Mls Name: MLS PIN
Mls ID: #73412270