9 Floyd AveLynnMA01904
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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 9 Floyd Ave, Lynn, MA, 01904 offers $5,040/mo rent that, after a $2,972/mo payment, leaves $1,213/mo cash flow. Total monthly income is $5,040/mo, and annual cash flow is $14,554/yr on $199,769 cash. Return on cash invested measures 27.35% in year one, and rental yield stands at 9.96% at a $607,200 entry. Equity gained on principal adds $3,918/yr while 5% annual appreciation compounds into $167,758 by year five. Five-year ROI records 142.84% and total cumulative return in cash reaches $285,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,040/mo property income versus a $2,972/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,285 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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