1100 Salem St APT 58LynnfieldMA01940
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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 Lynnfield at 1100 Salem St APT 58, Lynnfield, MA, 01940 listed at $539,900 pairs $3,580/mo rent with a $2,643/mo payment to leave $177/mo cash flow. Total monthly income runs $3,580/mo, and annual cash flow reaches $2,120/yr on $177,627 cash to close. Return on cash invested measures 21.25% in year one, and rental yield registers 7.96% at a $539,900 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,164 by year five. Five-year ROI tracks 110.17% and total cumulative return in cash totals $195,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,580/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01940, Lynnfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,904 (100%) |
| Owner Occupied HU | 4,100 (83.6%) |
| Renter Occupied HU | 638 (13.0%) |
| Vacant Housing Units | 166 ( 3.4%) |
| Median Home Value | $945,887 |
| Average Home Value | $1,004,203 |
Housing Distribution
Address Breakdown
Residential
4,985
Single Family
4,085
Multi-Family
900
Businesses
559
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Listed by: Kristin Gennetti • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73441826