7 Central Sq SUITE 203LynnMA01901
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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 7 Central Sq SUITE 203, Lynn, MA, 01901 earns $630/mo cash flow from $2,514/mo rent with a $1,463/mo payment. Total monthly income totals $2,514/mo, and annual cash flow totals $7,561/yr on $99,085 capital. ROI tracks 27.54% on current figures, and rental yield reads 10.09% at a $298,900 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,581 over five years. Five-year ROI reaches 143.95% and total cumulative return in cash sums $142,635. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,514/mo property income instead of your personal income.
Condo
Built in 1903
8,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01901, Lynn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,461 (100%) |
| Owner Occupied HU | 166 ( 6.7%) |
| Renter Occupied HU | 2,160 (87.8%) |
| Vacant Housing Units | 135 ( 5.5%) |
| Median Home Value | $541,667 |
| Average Home Value | $515,828 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
40
Multi-Family
1,921
Businesses
531
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Listed by: Lisa Berry • Simply Sell Realty
Mls Name: MLS PIN
Mls ID: #73461140