6 Freemont StLexingtonMA02421
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 6 Freemont St, Lexington, MA, 02421 in Lexington the bet is firmly on appreciation. Rental yield 5.17%. The 5.17% gross yield on a $1,395,000 price is below income-first thresholds, but 5%/yr value growth projects $385,413 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.96) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $350,466.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 5.0% |
| Monthly Cash Flow | $(2,784) | $800 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,008 |
| Total Monthly Debt Service | $8,237 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02421, Lexington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,116 (100%) |
| Owner Occupied HU | 5,053 (71.0%) |
| Renter Occupied HU | 1,746 (24.5%) |
| Vacant Housing Units | 317 ( 4.5%) |
| Median Home Value | $1,307,461 |
| Average Home Value | $1,368,903 |
Housing Distribution
Address Breakdown
Residential
6,980
Single Family
5,483
Multi-Family
1,497
Businesses
532
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
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02421, Lexington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,116 (100%) |
| Owner Occupied HU | 5,053 (71.0%) |
| Renter Occupied HU | 1,746 (24.5%) |
| Vacant Housing Units | 317 ( 4.5%) |
| Median Home Value | $1,307,461 |
| Average Home Value | $1,368,903 |
Housing Distribution
Address Breakdown
Residential
6,980
Single Family
5,483
Multi-Family
1,497
Businesses
532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73494682