928 Main StLynnfieldMA01940
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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 Lynnfield at 928 Main St, Lynnfield, MA, 01940 offers a 8.1% rental yield on a $899,000 purchase with $6,068/mo rent. Total monthly income registers $6,068/mo, and a $4,400/mo payment leaves $402/mo available for distribution. Annual cash flow reaches $4,823/yr on $295,771 to close, and return on cash invested stands at 21.69% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 112.51% and total cumulative return in cash at $332,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,068/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01940, Lynnfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,904 (100%) |
| Owner Occupied HU | 4,100 (83.6%) |
| Renter Occupied HU | 638 (13.0%) |
| Vacant Housing Units | 166 ( 3.4%) |
| Median Home Value | $945,887 |
| Average Home Value | $1,004,203 |
Housing Distribution
Address Breakdown
Residential
4,985
Single Family
4,085
Multi-Family
900
Businesses
559
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Listed by: Alvarenga & Son's Team • Keller Williams Realty Evolution
Mls Name: MLS PIN
Mls ID: #73455694