45 School St, Lynn, MA, 01902 | 6.37% Rental Yield

For Sale

Listed for sale 4 days ago

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

Total monthly income runs $3,902/mo, and a $3,597/mo payment. Purchase price stands at $735,000, and rental yield measures 6.37% with $3,902/mo rent. Return on cash invested shows 16.44% in year one, and 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 84.34% and total cumulative return in cash records $203,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,902/mo property income covering a $3,597/mo payment rather than investor’s personal income.

Multi Family

Built in 1900

4,421 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01902, Lynn, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,641 (100%)
Owner Occupied HU	6,677 (35.8%)
Renter Occupied HU	11,217 (60.2%)
Vacant Housing Units	747 ( 4.0%)
Median Home Value	$573,740
Average Home Value	$603,931