347 Centre StQuincyMA02169
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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 347 Centre St, Quincy, MA, 02169 priced at $999,000 converts $3,800/mo rent into after a $4,890/mo obligation. Total monthly income equals $3,800/mo. Return on cash invested prints 10.94% in year one, and rental yield reads 4.56% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 54.89% and total cumulative return in cash sums $180,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,800/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Multi Family
Built in 1880
5,135 sqft 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: Dalia Barron • Coldwell Banker Realty - Canton
Mls Name: MLS PIN
Mls ID: #73419324