101 Kernwood DrLynnMA01904
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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
Investment property for sale in Lynn at 101 Kernwood Dr, Lynn, MA, 01904 uses $252,902 cash to close to unlock $2,345/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $5,040/mo, and a $3,762/mo payment keeps the spread at $195/mo. Purchase price stands at $768,700, and rental yield measures 7.87% with $5,040/mo rent. Return on cash invested shows 20.99% in year one, and 5% annual appreciation builds toward $212,378 over five years. Five-year ROI reaches 108.75% and total cumulative return in cash records $275,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,040/mo property income covering a $3,762/mo payment rather than investor’s personal income.
Single Family
Built in 2000
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01904, Lynn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,140 (100%) |
| Owner Occupied HU | 5,407 (75.7%) |
| Renter Occupied HU | 1,541 (21.6%) |
| Vacant Housing Units | 192 ( 2.7%) |
| Median Home Value | $591,866 |
| Average Home Value | $593,168 |
Housing Distribution
Address Breakdown
Residential
7,068
Single Family
6,368
Multi-Family
700
Businesses
419
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