1200 Salem St APT 182LynnfieldMA01940
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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 1200 Salem St APT 182, Lynnfield, MA, 01940 earns $279/mo cash flow from $4,218/mo rent with a $3,059/mo payment. Total monthly income totals $4,218/mo, and annual cash flow totals $3,345/yr on $205,625 capital. ROI tracks 21.69% on current figures, and rental yield reads 8.1% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 112.49% and total cumulative return in cash sums $231,313. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,218/mo property income instead of your personal income.
Townhouse
Built in 1994
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: Hixon + Bevilacqua Home Group • Coldwell Banker Realty - Lynnfield
Mls Name: MLS PIN
Mls ID: #73445854