Real Estate Investing in Lynn, Massachusetts (01905)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01905 (Lynn, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Lynn, MA (01905)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01905 Lynn
ZIP 01905 inside Essex County looks affordable on the surface — median value of $586K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 01905 can be a an appealing option for hunting ground — but the discount at $586K reflects genuine risk that outside investors often underestimate.
Regionally, 01905 sits on the difficult end of the MA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The 01905 ZIP's population of 27,188 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Distressed ZIPs reward experience. resilient returns are possible in 01905, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lynn:
Property Strategy for 01905
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $310,911 | $2,160 | 5.0% | +7.2% | $310,911 |
| 2BR | $475,733 | $2,560 | 3.9% | +6.7% | $237,867 |
| 3BR | $580,698 | $3,080 | 3.8% | +6.7% | $193,566 |
| 4BR | $622,384 | $3,390 | 3.9% | +6.7% | $155,596 |
| 5BR | $701,090 | — | — | +6.8% | $140,218 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01905 Compare?
| Metric | 01905 | Lynn | Massachusetts |
|---|---|---|---|
| Home Value | $585,657 | $559,664 | $645,115 |
| 5-Year CAGR | 4.9% | 4.8% | 7.0% |
| Avg Rent | $2,679 | $2,344 | - |
| Cap Rate | 3.6% | 3.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01905 (Lynn, MA). Anonymous, moderated, never written by AI.
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Property managers serving Essex County
Manage rentals here? List your business →MRS Property Management offers full-service property management and tenant placement for apartments, houses, and commercial rentals across the North Shore area and Southern New Hampshire. summary from their website
CNR Property Management provides expert property management and maintenance solutions. summary from their website
This domain is for sale for $2,295 or monthly payments. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $585,657 |
| Monthly Rent | $2,679 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 01905
Population: 27,188
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 01905
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,678 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Lynn, MA better for rentals, flips, or BRRRR?
The best-fit strategy in Lynn, MA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What price range are homes in Lynn, MA?
Homes in Lynn, MA typically sell near $586K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
What are rental rates like in Lynn, MA?
Lynn, MA rentals go for roughly $2,679/mo a month. That puts gross yield in solid territory relative to $586K acquisition costs.
How tight is the rental market in Lynn, MA?
Lynn, MA sees elevated vacancy, which is reasonable relative to the broader MA rental market.
How landlord-friendly is Lynn, MA?
MA law tenant-protective for landlords, and Lynn inherits those rules. Investors should still review local ordinances for rental licensing.
You know 01905 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01905 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 01905 ranks in Boston-Cambridge-Newton, MA-NH
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