302 Maple StLynnMA01904
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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 302 Maple St, Lynn, MA, 01904 offers a 9.59% rental yield on a $525,000 purchase with $4,196/mo rent. Total monthly income registers $4,196/mo, and a $2,570/mo payment leaves $887/mo available for distribution. Annual cash flow reaches $10,639/yr on $172,725 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 136.81% and total cumulative return in cash at $236,301. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,196/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
3,119 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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Listed by: Katya Pitts • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73463079