1 Cityview Ln UNIT 709QuincyMA02169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Quincy at 1 Cityview Ln UNIT 709, Quincy, MA, 02169 generates $3,342/mo in rent and, after a $2,545/mo payment, leaves $65/mo in cash flow. Total monthly income is $3,342/mo, and annual cash flow is $778/yr on $171,047 invested. Return on cash invested sits at 20.51% in year one, and rental yield is 7.71% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 106.2% and total cumulative return in cash sums $181,660. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,342/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02169, Quincy, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,854 (100%) |
| Owner Occupied HU | 11,085 (35.9%) |
| Renter Occupied HU | 18,123 (58.7%) |
| Vacant Housing Units | 1,646 ( 5.3%) |
| Median Home Value | $687,048 |
| Average Home Value | $773,523 |
Housing Distribution
Address Breakdown
Residential
29,103
Single Family
15,819
Multi-Family
13,284
Businesses
1,829
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Edwards • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73456608