29 Walnut ParkLynnMA01905
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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 29 Walnut Park, Lynn, MA, 01905 listed at $609,900 pairs $4,795/mo rent with a $2,985/mo payment to leave $951/mo cash flow. Total monthly income runs $4,795/mo, and annual cash flow reaches $11,413/yr on $200,657 cash to close. Return on cash invested measures 25.75% in year one, and rental yield registers 9.43% at a $609,900 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,504 by year five. Five-year ROI tracks 134.29% and total cumulative return in cash totals $269,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,795/mo property income relative to a $2,985/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,196 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01905, Lynn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,489 (100%) |
| Owner Occupied HU | 4,328 (45.6%) |
| Renter Occupied HU | 4,851 (51.1%) |
| Vacant Housing Units | 310 ( 3.3%) |
| Median Home Value | $571,318 |
| Average Home Value | $612,037 |
Housing Distribution
Address Breakdown
Residential
9,026
Single Family
6,917
Multi-Family
2,109
Businesses
507
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Listed by: Jan Triglione Team • Premier Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73434974