34 Glen CtLynnMA01905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 34 Glen Ct, Lynn, MA, 01905 uses $200,690 cash to close to unlock $14,291/yr annual cash flow and $1,191/mo monthly cash flow. Total monthly income runs $5,036/mo, and a $2,986/mo payment keeps the spread at $1,191/mo. Purchase price stands at $610,000, and rental yield measures 9.91% with $5,036/mo rent. Return on cash invested shows 27.18% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 141.95% and total cumulative return in cash records $284,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,036/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Condo
Built in 2018
1.02 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A