15 Bower Rd APT B5QuincyMA02169
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
Investment property for sale in Quincy at 15 Bower Rd APT B5, Quincy, MA, 02169 offers a 10.39% rental yield on a $375,000 purchase with $3,248/mo rent. Total monthly income registers $3,248/mo, and a $1,835/mo payment leaves $885/mo available for distribution. Annual cash flow reaches $10,618/yr on $124,313 to close, and return on cash invested stands at 28.45% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 148.79% and total cumulative return in cash at $184,959. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,248/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
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: Beatrice Murphy • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73457349