60 Commercial StLynnMA01905
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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
Investment property for sale in Lynn at 60 Commercial St, Lynn, MA, 01905 at $1,049,900 posts ROI 9.28% with from $3,475/mo rent. Total monthly income equals $3,475/mo. Return on cash invested measures 9.28% and rental yield reads 3.97% at the current $1,049,900. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,068 by year five. Five-year ROI prints 45.93% and total cumulative return in cash totals $156,238. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,475/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
2,805 sqft 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: Edwin Romero • eXp Realty
Mls Name: MLS PIN
Mls ID: #73462588