244 Lincoln RdLincolnMA01773
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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 Lincoln at 244 Lincoln Rd, Lincoln, MA, 01773 priced at $1,620,000 converts $6,964/mo rent into after a $7,929/mo obligation. Total monthly income equals $6,964/mo. Return on cash invested prints 12.95% in year one, and rental yield reads 5.16% against a $1,620,000 entry. Equity gained on principal adds $10,454/yr, while 5% annual appreciation compiles into $447,576 by year five. Five-year ROI reaches 65.57% and total cumulative return in cash sums $344,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,964/mo property income covering a $7,929/mo payment, not borrower’s personal income.
Single Family
Built in 1875
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01773, Lincoln, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,796 (76.4%) |
| Renter Occupied HU | 378 (16.1%) |
| Vacant Housing Units | 178 ( 7.6%) |
| Median Home Value | $1,499,035 |
| Average Home Value | $1,551,492 |
Housing Distribution
Address Breakdown
Residential
2,389
Single Family
1,744
Multi-Family
645
Businesses
171
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Listed by: Scott Clary • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73415163