15 Garfield StLexingtonMA02421
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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 15 Garfield St, Lexington, MA, 02421 offers a 8.62% rental yield on a $1,403,400 purchase with $10,080/mo rent. Total monthly income registers $10,080/mo, and a $6,869/mo payment leaves $1,235/mo available for distribution. Annual cash flow reaches $14,815/yr on $454,702 to close, and return on cash invested stands at 23.63% in year one. Equity gained on principal adds $9,056/yr while 5% annual appreciation supports $387,734 over five years. Portfolio math shows five-year ROI at 122.84% and total cumulative return in cash at $558,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $10,080/mo property income against a $6,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
6,936 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02421, Lexington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,116 (100%) |
| Owner Occupied HU | 5,053 (71.0%) |
| Renter Occupied HU | 1,746 (24.5%) |
| Vacant Housing Units | 317 ( 4.5%) |
| Median Home Value | $1,307,461 |
| Average Home Value | $1,368,903 |
Housing Distribution
Address Breakdown
Residential
6,980
Single Family
5,483
Multi-Family
1,497
Businesses
532
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Nearby investment properties with comparable prices
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