24 South St UNIT 203QuincyMA02169
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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 24 South St UNIT 203, Quincy, MA, 02169 earns $298/mo cash flow from $2,410/mo rent with a $1,640/mo payment. Total monthly income totals $2,410/mo, and annual cash flow totals $3,579/yr on $111,053 capital. ROI tracks 23.13% on current figures, and rental yield reads 8.63% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 120.31% and total cumulative return in cash sums $133,604. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,410/mo property income instead of your personal income.
Condo
Built in 1976
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: Jose Reyes • Red Door Real Estate
Mls Name: MLS PIN
Mls ID: #73464378