46 Wardwell AveLynnMA01902
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
Rental property for sale in Lynn at 46 Wardwell Ave, Lynn, MA, 01902 priced at $620,800 pairs $4,020/mo rent with $107/mo cash flow after a $3,039/mo payment. Total monthly income equals $4,020/mo, and annual cash flow comes to $1,281/yr on $204,243 invested. Return on cash invested is 20.69% in year one, and rental yield stands at 7.77% on a $620,800 basis. Equity gained on principal adds $4,006/yr, and 5% annual appreciation accumulates to $171,516 by year five. Five-year ROI measures 107.13% and total cumulative return in cash reaches $218,810. For financing, Ziffy Mortgage’s DSCR program evaluates $4,020/mo property income against a $3,039/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.30 Acres 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 |
Housing Distribution
Address Breakdown
Residential
16,787
Single Family
10,520
Multi-Family
6,267
Businesses
505
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