19 Baskin RdLexingtonMA02421
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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 Lexington at 19 Baskin Rd, Lexington, MA, 02421 offers $6,190/mo rent that, after a $9,055/mo payment. Total monthly income is $6,190/mo. Return on cash invested measures 9.42% in year one, and rental yield stands at 4.02% at a $1,850,000 entry. Equity gained on principal adds $11,938/yr while 5% annual appreciation compounds into $511,121 by year five. Five-year ROI records 46.64% and total cumulative return in cash reaches $279,553. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,190/mo property income versus a $9,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.47 Acres 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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Listed by: Danielle Fleming • MA Properties
Mls Name: MLS PIN
Mls ID: #73342200
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