8 Cedardale RdLynnMA01904
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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 8 Cedardale Rd, Lynn, MA, 01904 priced at $614,900 converts $3,912/mo rent into $36/mo cash flow after a $3,010/mo obligation. Total monthly income equals $3,912/mo, and annual cash flow totals $432/yr on $202,302 invested. Return on cash invested prints 20.27% in year one, and rental yield reads 7.63% against a $614,900 entry. Equity gained on principal adds $3,968/yr, while 5% annual appreciation compiles into $169,886 by year five. Five-year ROI reaches 104.94% and total cumulative return in cash sums $212,290. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,912/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,523 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
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Listed by: Ivy Horgan • Century 21 Property Central Inc.
Mls Name: MLS PIN
Mls ID: #73404408