200 Cove Way UNIT 810QuincyMA02169
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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 200 Cove Way UNIT 810, Quincy, MA, 02169 generates $3,281/mo in rent and, after a $1,997/mo payment, leaves $709/mo in cash flow. Total monthly income is $3,281/mo, and annual cash flow is $8,509/yr on $135,252 invested. Return on cash invested sits at 26.2% in year one, and rental yield is 9.65% on a $408,000 entry. Equity gained on principal adds $2,633/yr, while 5% annual appreciation builds toward $112,723 over five years. Five-year ROI reaches 136.76% and total cumulative return in cash sums $184,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,281/mo property income rather than buyer’s personal income.
Condo
Built in 1986
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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