28 Partridge Ln #28LynnfieldMA01940
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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
Rental property for sale in Lynnfield at 28 Partridge Ln #28, Lynnfield, MA, 01940 generates $4,218/mo in rent, after a $3,323/mo payment. Total monthly income is $4,218/mo. Return on cash invested sits at 19.73% in year one, and rental yield is 7.45% on a $679,000 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation builds toward $187,595 over five years. Five-year ROI reaches 102% and total cumulative return in cash sums $227,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,218/mo property income rather than buyer’s 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: Julie Tsakirgis Group • RE/MAX Property Shoppe, Inc.
Mls Name: MLS PIN
Mls ID: #73450114