16 Morgan StFairhavenMA02719
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 16 Morgan St, Fairhaven, MA, 02719 in Fairhaven speaks for itself: 10.13% gross on a $455,000 price, generating $3,842/mo in rent and $975/mo in net income after the $2,046/mo debt service. DSCR 1.88, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,695 stacks alongside $125,708 in projected five-year appreciation and $4,191/yr in principal reduction. Projected total cumulative return: $235,486.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $975 | $900 |
City averages based on Fairhaven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,842 |
| Total Monthly Debt Service | $2,687 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1954
8,028 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02719, Fairhaven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 5,118 (65.2%) |
| Renter Occupied HU | 1,935 (24.6%) |
| Vacant Housing Units | 802 (10.2%) |
| Median Home Value | $534,221 |
| Average Home Value | $610,356 |
Housing Distribution
Address Breakdown
Residential
7,000
Single Family
6,300
Multi-Family
700
Businesses
544
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
Single Family
Built in 1954
8,028 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02719, Fairhaven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 5,118 (65.2%) |
| Renter Occupied HU | 1,935 (24.6%) |
| Vacant Housing Units | 802 (10.2%) |
| Median Home Value | $534,221 |
| Average Home Value | $610,356 |
Housing Distribution
Address Breakdown
Residential
7,000
Single Family
6,300
Multi-Family
700
Businesses
544
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73493388