515 Lexington St #2WalthamMA02452
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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 Waltham at 515 Lexington St #2, Waltham, MA, 02452 generates $4,562/mo in rent and, after a $3,181/mo payment, leaves $466/mo in cash flow. Total monthly income is $4,562/mo, and annual cash flow is $5,587/yr on $213,850 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 8.42% on a $649,999 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 117.78% and total cumulative return in cash sums $251,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,562/mo property income rather than buyer’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02452, Waltham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,229 (100%) |
| Owner Occupied HU | 2,813 (53.8%) |
| Renter Occupied HU | 2,140 (40.9%) |
| Vacant Housing Units | 276 ( 5.3%) |
| Median Home Value | $834,778 |
| Average Home Value | $895,757 |
Housing Distribution
Address Breakdown
Residential
5,369
Single Family
3,522
Multi-Family
1,847
Businesses
411
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Listed by: Parker Dodd • The Boston Condo Gallery, Inc.
Mls Name: MLS PIN
Mls ID: #73428719