18 Alden StFall RiverMA02723
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 18 Alden St, Fall River, MA, 02723 offers a 4.58% rental yield on a $649,999 purchase with $2,482/mo rent. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 55.19% and total cumulative return in cash at $118,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,482/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1909
1,965 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff DaCosta • Freedom Realty Group LLC
Mls Name: MLS PIN
Mls ID: #73463469