147 Langdon Ave #149WatertownMA02472
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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
Rental property for sale in Watertown at 147 Langdon Ave #149, Watertown, MA, 02472 generates $3,851/mo in rent, after a $3,612/mo payment. Total monthly income is $3,851/mo. Return on cash invested sits at 16.1% in year one, and rental yield is 6.26% on a $738,000 entry. Equity gained on principal adds $4,762/yr, while 5% annual appreciation builds toward $203,896 over five years. Five-year ROI reaches 82.56% and total cumulative return in cash sums $200,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,851/mo property income rather than buyer’s personal income.
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
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Listed by: Michael Davis • Prime Realty
Mls Name: MLS PIN
Mls ID: #73412270