292 Lynn StPeabodyMA01960
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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 Peabody at 292 Lynn St, Peabody, MA, 01960 generates $4,324/mo in rent and, after a $3,181/mo payment, leaves $228/mo in cash flow. Total monthly income is $4,324/mo, and annual cash flow is $2,731/yr on $213,850 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 7.98% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 110.62% and total cumulative return in cash sums $236,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,324/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
5,419 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01960, Peabody, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,336 (100%) |
| Owner Occupied HU | 14,624 (62.7%) |
| Renter Occupied HU | 7,863 (33.7%) |
| Vacant Housing Units | 849 ( 3.6%) |
| Median Home Value | $634,604 |
| Average Home Value | $657,731 |
Housing Distribution
Address Breakdown
Residential
22,180
Single Family
16,670
Multi-Family
5,510
Businesses
1,989
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Listed by: Tatiana Gallego • eXp Realty
Mls Name: MLS PIN
Mls ID: #73430803