28 Atkins Ave #1LynnMA01904
Nearby investment properties with comparable rents
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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 28 Atkins Ave #1, Lynn, MA, 01904 at $403,200 posts ROI 25.96% with $674/mo cash flow from $3,215/mo rent. Total monthly income equals $3,215/mo, and annual cash flow records $8,090/yr on $133,661 to close. Return on cash invested measures 25.96% and rental yield reads 9.57% at the current $403,200. Equity gained on principal adds $2,602/yr, and 5% annual appreciation supports $111,397 by year five. Five-year ROI prints 135.48% and total cumulative return in cash totals $181,080.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,215/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1900
4,791 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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Nearby investment properties with comparable prices
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