1025 Hancock St UNIT 1FQuincyMA02169
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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 Quincy at 1025 Hancock St UNIT 1F, Quincy, MA, 02169 uses $82,544 cash to close to unlock $7,036/yr annual cash flow and $586/mo monthly cash flow. Total monthly income runs $2,156/mo, and a $1,219/mo payment keeps the spread at $586/mo. Purchase price stands at $249,000, and rental yield measures 10.39% with $2,156/mo rent. Return on cash invested shows 28.43% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 148.73% and total cumulative return in cash records $122,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,156/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1964
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
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Listed by: Chris Fitzpatrick • Fitzpatrick Real Estate
Mls Name: MLS PIN
Mls ID: #73422833