49 Fletcher AveLexingtonMA02420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Lexington at 49 Fletcher Ave, Lexington, MA, 02420 listed at $1,849,000 pairs $7,775/mo rent with a $9,050/mo payment. Total monthly income runs $7,775/mo. Return on cash invested measures 12.6% in year one, and rental yield registers 5.05% at a $1,849,000 basis. Equity gained on principal adds $11,931/yr, and annual property appreciation at 5% supports $510,845 by year five. Five-year ROI tracks 63.7% and total cumulative return in cash totals $381,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,775/mo property income relative to a $9,050/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.25 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: Anna Travias • Barrett Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73428783