9 Northfield AveQuincyMA02169
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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 9 Northfield Ave, Quincy, MA, 02169 priced at $399,900 pairs $2,763/mo rent with $243/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,763/mo, and annual cash flow comes to $2,914/yr on $132,567 invested. Return on cash invested is 22.11% in year one, and rental yield stands at 8.29% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 114.78% and total cumulative return in cash reaches $152,156. For financing, Ziffy Mortgage’s DSCR program evaluates $2,763/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
3,465 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: Steven DeFrancesco • Silverstone Realty Group
Mls Name: MLS PIN
Mls ID: #73403539