20 Lantern LnBurlingtonMA01803
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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 Burlington at 20 Lantern Ln, Burlington, MA, 01803 offers a 6.01% rental yield on a $695,000 purchase with $3,481/mo rent. 34% in year one. Equity gained on principal adds $4,485/yr while 5% annual appreciation supports $192,016 over five years. Portfolio math shows five-year ROI at 78.46% and total cumulative return in cash at $179,406. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,481/mo property income against a $3,402/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01803, Burlington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,547 (100%) |
| Owner Occupied HU | 6,770 (64.2%) |
| Renter Occupied HU | 3,318 (31.5%) |
| Vacant Housing Units | 459 ( 4.4%) |
| Median Home Value | $779,361 |
| Average Home Value | $831,582 |
Housing Distribution
Address Breakdown
Residential
10,308
Single Family
7,110
Multi-Family
3,198
Businesses
1,651
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Listed by: The Joanna Schlansky Residential Team • Elite Realty Experts, LLC
Mls Name: MLS PIN
Mls ID: #73448892