94 Newbury Ave APT 403QuincyMA02171
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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 94 Newbury Ave APT 403, Quincy, MA, 02171 uses $155,805 cash to close to unlock $4,273/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $3,318/mo, and a $2,300/mo payment keeps the spread at $356/mo. Purchase price stands at $470,000, and rental yield measures 8.47% with $3,318/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 117.71% and total cumulative return in cash records $183,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,318/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Condo
Built in 1906
N/A 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
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Listed by: Rebecca Huang • East West Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73404297