38 Edward Ave, Lynnfield, MA, 01940 | 5.53% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lynnfield at 38 Edward Ave, Lynnfield, MA, 01940 with 5% annual appreciation on a $1,149,900 basis while $5,303/mo rent supports operations. 11% in year one. Equity gained on principal adds $7,420/yr, and five-year appreciation sums $317,696 alongside rental yield of 5.53%. Five-year ROI measures 71.79% and total cumulative return in cash totals $267,458. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,303/mo property income versus a $5,628/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1948

0.51 Acres 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