44 Cottage StLynnMA01905
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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 Lynn at 44 Cottage St, Lynn, MA, 01905 generates $4,044/mo in rent and, after a $2,740/mo payment, leaves $515/mo in cash flow. Total monthly income is $4,044/mo, and annual cash flow is $6,186/yr on $184,207 invested. Return on cash invested sits at 23.42% in year one, and rental yield is 8.67% on a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 121.79% and total cumulative return in cash sums $224,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1896
2,130 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: Liseth Tabares • eXp Realty
Mls Name: MLS PIN
Mls ID: #73419923