7 Central Sq SUITE 203LynnMA01901
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt $298,900, 7 Central Sq SUITE 203, Lynn, MA, 01901 in Lynn generates $2,514/mo in rent (10.09% yield) but nets only $48/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.87) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $82,581. Total projected return: $154,083.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.5% |
| Monthly Cash Flow | $48 | $420 |
City averages based on Lynn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,514 |
| Total Monthly Debt Service | $1,765 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Berry • Simply Sell Realty
Mls Name: MLS PIN
Mls ID: #73461140