5 Floyd AveLynnMA01904
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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 5 Floyd Ave, Lynn, MA, 01904 generates $3,808/mo in rent and, after a $2,521/mo payment, leaves $562/mo in cash flow. Total monthly income is $3,808/mo, and annual cash flow is $6,741/yr on $169,435 invested. Return on cash invested sits at 24.04% in year one, and rental yield is 8.87% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 125.1% and total cumulative return in cash sums $211,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,808/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
1,607 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01904, Lynn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,140 (100%) |
| Owner Occupied HU | 5,407 (75.7%) |
| Renter Occupied HU | 1,541 (21.6%) |
| Vacant Housing Units | 192 ( 2.7%) |
| Median Home Value | $591,866 |
| Average Home Value | $593,168 |
Housing Distribution
Address Breakdown
Residential
7,068
Single Family
6,368
Multi-Family
700
Businesses
419
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Listed by: Richard Parker • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73463890