930 Salem 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 930 Salem St, Lynnfield, MA, 01940 earns $158/mo cash flow from $4,570/mo rent with a $3,426/mo payment. Total monthly income totals $4,570/mo, and annual cash flow totals $1,900/yr on $230,267 capital. ROI tracks 20.89% on current figures, and rental yield reads 7.84% at a $699,900 purchase. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 over five years. Five-year ROI reaches 108.2% and total cumulative return in cash sums $249,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,570/mo property income instead of your personal income.
Single Family
Built in 1900
10,520 sqft 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: Marjorie Youngren Team • Coldwell Banker Realty - Lynnfield
Mls Name: MLS PIN
Mls ID: #73413588