151 David StNew BedfordMA02744
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 151 David St, New Bedford, MA, 02744 in New Bedford worth study. Rental yield 3.53%. The 3.53% gross yield is below cash-flow benchmarks at $759,000, but 5% annual appreciation, adding $209,698 over five years, frames this as a capital growth position. Rent of $2,231/mo partially offsets the $3,413/mo payment. Ziffy Mortgage finances appreciation-play properties (0.65 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $123,944.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.1% |
| Monthly Cash Flow | $(2,553) | $420 |
City averages based on New Bedford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,231 |
| Total Monthly Debt Service | $4,482 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1895
3,916 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1895
3,916 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Regina Gabriel • Coldwell Banker Realty - Easton
Mls Name: MLS PIN
Mls ID: #73458875