42 Lantern Ln, Burlington, MA, 01803 | 6.22% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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42 Lantern Ln, Burlington, MA, 01803 | 6.22% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Burlington at 42 Lantern Ln, Burlington, MA, 01803 offers $3,108/mo rent that, after a $2,936/mo payment. Total monthly income is $3,108/mo. Return on cash invested measures 15.97% in year one, and rental yield stands at 6.22% at a $599,900 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,741 by year five. Five-year ROI records 81.85% and total cumulative return in cash reaches $161,548. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,108/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Attention builders, rehabbers, investors, and families looking to build equity in this fully habitable & functional home. Do not miss your opportunity to move to very desirable Burlington at a great price! Excellent location - less than 1 mile from town center, steps to public transportation, yet tucked away in a charming, quiet neighborhood. Perfect for a homeowner who wants to do some projects to customize and build equity, or for a contractor/developer, or investor to rent & grow equity. The existing charming home, owned & occupied by the same family since 1962, presents options for renovation, expansion, or removal. **Builders, investors, and visionary homeowners**this is your chance to create a stunning new home in a neighborhood known for its charm, convenience, schools, world-class hospital, low tax rates, and proximity to major highways. 2-3 bedrooms, 1 bath with a large, screened porch. A wonderful corner lot adjacent to new homes.

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