13 Lark StNew BedfordMA02745
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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 New Bedford at 13 Lark St, New Bedford, MA, 02745 priced at $519,100 converts $2,968/mo rent into after a $2,541/mo obligation. Total monthly income equals $2,968/mo. Return on cash invested prints 17.92% in year one, and rental yield reads 6.86% against a $519,100 entry. Equity gained on principal adds $3,350/yr, while 5% annual appreciation compiles into $143,418 by year five. Five-year ROI reaches 92.31% and total cumulative return in cash sums $157,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,968/mo property income covering a $2,541/mo payment, not borrower’s personal income.
Single Family
Built in 2000
10,018 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 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
9,164
Multi-Family
957
Businesses
752
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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