121 Hope St, New Bedford, MA, 02745 | 4.59% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,369/mo, and a $3,034/mo payment. Purchase price stands at $619,900, and rental yield measures 4.59% with $2,369/mo rent. Return on cash invested shows 11.01% in year one, and 5% annual appreciation builds toward $171,267 over five years. Five-year ROI reaches 55.24% and total cumulative return in cash records $112,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,369/mo property income covering a $3,034/mo payment rather than investor’s personal income.

Multi Family

Built in 1910

6,312 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02745, New Bedford, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,386 (100%)
Owner Occupied HU	6,399 (56.2%)
Renter Occupied HU	4,581 (40.2%)
Vacant Housing Units	406 ( 3.6%)
Median Home Value	$401,117
Average Home Value	$447,924