58 Atkins AveLynnMA01904
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
Investment property for sale in Lynn at 58 Atkins Ave, Lynn, MA, 01904 earns $660/mo cash flow from $4,751/mo rent with a $3,177/mo payment. Total monthly income totals $4,751/mo, and annual cash flow totals $7,920/yr on $213,521 capital. ROI tracks 23.77% on current figures, and rental yield reads 8.78% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 123.65% and total cumulative return in cash sums $264,024. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,751/mo property income instead of your personal income.
Single Family
Built in 1900
5,001 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny May • J. Barrett & Company
Mls Name: MLS PIN
Mls ID: #73425459