45 Oval Rd APT 24QuincyMA02170
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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 45 Oval Rd APT 24, Quincy, MA, 02170 offers a 8.78% rental yield on a $324,900 purchase with $2,378/mo rent. Total monthly income registers $2,378/mo, and a $1,590/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,965/yr on $107,704 to close, and return on cash invested stands at 23.59% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 122.75% and total cumulative return in cash at $132,209. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,378/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02170, Quincy, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,943 (100%) |
| Owner Occupied HU | 4,085 (51.4%) |
| Renter Occupied HU | 3,544 (44.6%) |
| Vacant Housing Units | 314 ( 4.0%) |
| Median Home Value | $701,352 |
| Average Home Value | $792,440 |
Housing Distribution
Address Breakdown
Residential
7,880
Single Family
5,807
Multi-Family
2,073
Businesses
330
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Listed by: Jennifer Gates • Allison James Estates & Homes of MA, LLC
Mls Name: MLS PIN
Mls ID: #73406133