45 Hancock StLexingtonMA02420
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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 Lexington at 45 Hancock St, Lexington, MA, 02420 priced at $1,850,000 pairs $6,090/mo rent with after a $9,055/mo payment. Total monthly income equals $6,090/mo. Return on cash invested is 9.22% in year one, and rental yield stands at 3.95% on a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and 5% annual appreciation accumulates to $511,121 by year five. Five-year ROI measures 45.56% and total cumulative return in cash reaches $273,109. For financing, Ziffy Mortgage’s DSCR program evaluates $6,090/mo property income against a $9,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02420, Lexington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,219 (100%) |
| Owner Occupied HU | 4,477 (85.8%) |
| Renter Occupied HU | 561 (10.7%) |
| Vacant Housing Units | 181 ( 3.5%) |
| Median Home Value | $1,328,517 |
| Average Home Value | $1,401,438 |
Housing Distribution
Address Breakdown
Residential
5,498
Single Family
5,186
Multi-Family
312
Businesses
739
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Listed by: Robert Smith Jr. • Churchill Properties
Mls Name: MLS PIN
Mls ID: #73426308