599 Sea 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
Investment property for sale in Quincy at 599 Sea St, Quincy, MA, 02169 with 5% annual appreciation on a $1,499,000 basis while $3,037/mo rent supports operations. 53% in year one. Equity gained on principal adds $9,673/yr, and five-year appreciation sums $414,146 alongside rental yield of 2.43%. Five-year ROI measures 20.42% and total cumulative return in cash totals $99,165. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,037/mo property income versus a $7,337/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2024
4,886 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: Nichols Realty Team • MIG
Mls Name: MLS PIN
Mls ID: #73455101