43 Parke AveQuincyMA02171
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
Rental property for sale in Quincy at 43 Parke Ave, Quincy, MA, 02171 offers $4,738/mo rent that, after a $4,547/mo payment. Total monthly income is $4,738/mo. Return on cash invested measures 15.67% in year one, and rental yield stands at 6.12% at a $929,000 entry. Equity gained on principal adds $5,995/yr while 5% annual appreciation compounds into $256,666 by year five. Five-year ROI records 80.24% and total cumulative return in cash reaches $245,252. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,738/mo property income versus a $4,547/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
4,751 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikel Defrancesco • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73435538