1498-1508 Pleasant StFall RiverMA02723
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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 1498-1508 Pleasant St, Fall River, MA, 02723 offers a 2.34% rental yield on a $1,200,000 purchase with $2,340/mo rent. 25% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 18.92% and total cumulative return in cash at $73,547. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
7,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02723, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,898 (100%) |
| Owner Occupied HU | 2,070 (26.2%) |
| Renter Occupied HU | 5,243 (66.4%) |
| Vacant Housing Units | 585 ( 7.4%) |
| Median Home Value | $388,732 |
| Average Home Value | $399,934 |
Housing Distribution
Address Breakdown
Residential
6,949
Single Family
4,842
Multi-Family
2,107
Businesses
486
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Listed by: Dawn Gardner • Family First Realty
Mls Name: MLS PIN
Mls ID: #73459433