311 Lexington St APT 1BostonMA02128
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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 Boston at 311 Lexington St APT 1, Boston, MA, 02128 generates $3,839/mo in rent and, after a $2,932/mo payment, leaves $63/mo in cash flow. Total monthly income is $3,839/mo, and annual cash flow is $761/yr on $197,071 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 7.69% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 105.84% and total cumulative return in cash sums $208,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,839/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02128, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,400 (100%) |
| Owner Occupied HU | 4,756 (24.5%) |
| Renter Occupied HU | 12,784 (65.9%) |
| Vacant Housing Units | 1,860 ( 9.6%) |
| Median Home Value | $766,192 |
| Average Home Value | $826,123 |
Housing Distribution
Address Breakdown
Residential
17,476
Single Family
8,803
Multi-Family
8,673
Businesses
1,148
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Listed by: Alex Langos • Coldwell Banker Realty - Cambridge
Mls Name: MLS PIN
Mls ID: #73422194