171 Ogrady St #303Fall RiverMA02720
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
Investment Highlights
Investment property for sale in Fall River at 171 Ogrady St #303, Fall River, MA, 02720 offers a 10.62% rental yield on a $224,900 purchase with $1,990/mo rent. Total monthly income registers $1,990/mo, and a $1,101/mo payment leaves $572/mo available for distribution. Annual cash flow reaches $6,867/yr on $74,554 to close, and return on cash invested stands at 29.12% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 152.44% and total cumulative return in cash at $113,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,990/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02720, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,665 (100%) |
| Owner Occupied HU | 5,815 (39.7%) |
| Renter Occupied HU | 7,892 (53.8%) |
| Vacant Housing Units | 958 ( 6.5%) |
| Median Home Value | $449,136 |
| Average Home Value | $481,814 |
Housing Distribution
Address Breakdown
Residential
13,501
Single Family
10,023
Multi-Family
3,478
Businesses
1,002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andre Cunha • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73457967