1217 Main StLynnfieldMA01940
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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 1217 Main St, Lynnfield, MA, 01940 earns from $5,807/mo rent with a $4,600/mo payment. Total monthly income totals $5,807/mo. ROI tracks 19.61% on current figures, and rental yield reads 7.41% at a $939,900 purchase. Equity gained on principal adds $6,065/yr, and 5% annual appreciation supports $259,677 over five years. Five-year ROI reaches 101.35% and total cumulative return in cash sums $313,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,807/mo property income instead of your personal income.
Single Family
Built in 1948
1.38 sqft 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: Louise Touchette Team • Coldwell Banker Realty - Lynnfield
Mls Name: MLS PIN
Mls ID: #73434792