103 Assabet RdQuincyMA02169
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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
Rental property for sale in Quincy at 103 Assabet Rd, Quincy, MA, 02169 priced at $720,000 converts $3,683/mo rent into after a $3,524/mo obligation. Total monthly income equals $3,683/mo. Return on cash invested prints 15.73% in year one, and rental yield reads 6.14% against a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation compiles into $198,923 by year five. Five-year ROI reaches 80.53% and total cumulative return in cash sums $190,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,683/mo property income covering a $3,524/mo payment, not borrower’s personal income.
Single Family
Built in 1925
5,000 sqft 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: Darin Thompson • Stuart St James, Inc.
Mls Name: MLS PIN
Mls ID: #73422829