123 Elm St APT B-4QuincyMA02169
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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 123 Elm St APT B-4, Quincy, MA, 02169 listed at $429,000 pairs $3,019/mo rent with a $2,100/mo payment to leave $315/mo cash flow. Total monthly income runs $3,019/mo, and annual cash flow reaches $3,778/yr on $142,214 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 8.44% at a $429,000 basis. Equity gained on principal adds $2,768/yr, and annual property appreciation at 5% supports $118,525 by year five. Five-year ROI tracks 117.23% and total cumulative return in cash totals $166,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,019/mo property income relative to a $2,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
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: Rebecca Huang • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73464994