1082 Hancock StFall RiverMA02721
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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 Fall River at 1082 Hancock St, Fall River, MA, 02721 offers $2,290/mo rent that, after a $4,672/mo payment. Total monthly income is $2,290/mo. Return on cash invested measures 5.82% in year one, and rental yield stands at 2.88% at a $954,500 entry. Equity gained on principal adds $6,159/yr while 5% annual appreciation compounds into $263,711 by year five. Five-year ROI records 27.41% and total cumulative return in cash reaches $86,074. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,290/mo property income versus a $4,672/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1976
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02721, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 4,108 (31.5%) |
| Renter Occupied HU | 7,915 (60.7%) |
| Vacant Housing Units | 1,019 ( 7.8%) |
| Median Home Value | $451,075 |
| Average Home Value | $480,831 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
8,104
Multi-Family
3,520
Businesses
850
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Listed by: Onpoint Team • Residential Properties Ltd.
Mls Name: MLS PIN
Mls ID: #73264377
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