185 Quincy Shore Dr #28QuincyMA02171
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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 185 Quincy Shore Dr #28, Quincy, MA, 02171 offers a 8.31% rental yield on a $369,900 purchase with $2,562/mo rent. Total monthly income registers $2,562/mo, and a $1,810/mo payment leaves $231/mo available for distribution. Annual cash flow reaches $2,773/yr on $122,622 to close, and return on cash invested stands at 22.17% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Portfolio math shows five-year ROI at 115.15% and total cumulative return in cash at $141,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,562/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02171, Quincy, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,157 (100%) |
| Owner Occupied HU | 4,528 (44.6%) |
| Renter Occupied HU | 4,884 (48.1%) |
| Vacant Housing Units | 745 ( 7.3%) |
| Median Home Value | $787,736 |
| Average Home Value | $892,653 |
Housing Distribution
Address Breakdown
Residential
9,561
Single Family
5,048
Multi-Family
4,513
Businesses
481
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Listed by: Mary Collins • Realty Solutions Inc.
Mls Name: MLS PIN
Mls ID: #73426567