59 Holyoke St APT 5LynnMA01905
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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 59 Holyoke St APT 5, Lynn, MA, 01905 offers $3,718/mo rent that, after a $1,561/mo payment, leaves $1,708/mo cash flow. Total monthly income is $3,718/mo, and annual cash flow is $20,493/yr on $105,749 cash. Return on cash invested measures 39.29% in year one, and rental yield stands at 13.99% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 206.9% and total cumulative return in cash reaches $218,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,718/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
2.17 Acres 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: Linda Hayes • William Raveis Real Estate
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls ID: #73429356