287 Lexington StWatertownMA02472
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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 287 Lexington St, Watertown, MA, 02472 priced at $1,200,400 pairs $5,365/mo rent with after a $5,875/mo payment. Total monthly income equals $5,365/mo. Return on cash invested is 13.58% in year one, and rental yield stands at 5.36% on a $1,200,400 basis. Equity gained on principal adds $7,746/yr, and 5% annual appreciation accumulates to $331,648 by year five. Five-year ROI measures 68.96% and total cumulative return in cash reaches $268,205. For financing, Ziffy Mortgage’s DSCR program evaluates $5,365/mo property income against a $5,875/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1980
5,662 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: N/A • N/A
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