69 Saunders RdLynnMA01904
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 69 Saunders Rd, Lynn, MA, 01904 at $575,900 posts ROI 24.82% with $751/mo cash flow from $4,381/mo rent. Total monthly income equals $4,381/mo, and annual cash flow records $9,011/yr on $189,471 to close. Return on cash invested measures 24.82% and rental yield reads 9.13% at the current $575,900. Equity gained on principal adds $3,716/yr, and 5% annual appreciation supports $159,111 by year five. Five-year ROI prints 129.26% and total cumulative return in cash totals $244,913.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,381/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
8,285 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: Melissa Silva • RE/MAX Beacon
Mls Name: MLS PIN
Mls ID: #73447083