1663 Fall River AveSeekonkMA02771
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing1663 Fall River Ave, Seekonk, MA, 02771 in Seekonk is a stable, well-positioned rental at $595,000. Rental yield 6.64%. DSCR 1.23 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $164,388 in value and $5,480/yr in principal paydown builds equity, a total projected return of $196,498.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.3% |
| Monthly Cash Flow | $(459) | $850 |
City averages based on Seekonk market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,292 |
| Total Monthly Debt Service | $3,513 |
| DSCR Ratio | 0.94x |
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 1910
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02771, Seekonk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,326 (100%) |
| Owner Occupied HU | 5,046 (79.8%) |
| Renter Occupied HU | 1,090 (17.2%) |
| Vacant Housing Units | 190 ( 3.0%) |
| Median Home Value | $553,424 |
| Average Home Value | $580,215 |
Housing Distribution
Address Breakdown
Residential
5,861
Single Family
5,785
Multi-Family
76
Businesses
713
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 1910
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02771, Seekonk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,326 (100%) |
| Owner Occupied HU | 5,046 (79.8%) |
| Renter Occupied HU | 1,090 (17.2%) |
| Vacant Housing Units | 190 ( 3.0%) |
| Median Home Value | $553,424 |
| Average Home Value | $580,215 |
Housing Distribution
Address Breakdown
Residential
5,861
Single Family
5,785
Multi-Family
76
Businesses
713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices