16 Munroe 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 16 Munroe St, Lynnfield, MA, 01940 listed at $780,000 pairs $5,357/mo rent with a $3,818/mo payment to leave $441/mo cash flow. Total monthly income runs $5,357/mo, and annual cash flow reaches $5,286/yr on $256,620 cash to close. Return on cash invested measures 22.12% in year one, and rental yield registers 8.24% at a $780,000 basis. Equity gained on principal adds $5,033/yr, and annual property appreciation at 5% supports $215,500 by year five. Five-year ROI tracks 114.82% and total cumulative return in cash totals $294,640. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,357/mo property income relative to a $3,818/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1891
0.45 Acres 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: The Uyen Phan • Thread Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73446266