109 Langley St APT 2Fall RiverMA02720
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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 Fall River at 109 Langley St APT 2, Fall River, MA, 02720 uses $71,936 cash to close to unlock $9,077/yr annual cash flow and $756/mo monthly cash flow. Total monthly income runs $2,124/mo, and a $1,062/mo payment keeps the spread at $756/mo. Purchase price stands at $217,000, and rental yield measures 11.75% with $2,124/mo rent. Return on cash invested shows 32.53% in year one, and 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 170.68% and total cumulative return in cash records $122,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,124/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02720, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,665 (100%) |
| Owner Occupied HU | 5,815 (39.7%) |
| Renter Occupied HU | 7,892 (53.8%) |
| Vacant Housing Units | 958 ( 6.5%) |
| Median Home Value | $449,136 |
| Average Home Value | $481,814 |
Housing Distribution
Address Breakdown
Residential
13,501
Single Family
10,023
Multi-Family
3,478
Businesses
1,002
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Listed by: The BAP Team • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73438084