18 Hall StNew BedfordMA02740
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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 New Bedford at 18 Hall St, New Bedford, MA, 02740 offers a 5.95% rental yield on a $589,000 purchase with $2,921/mo rent. 16% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 77.49% and total cumulative return in cash at $150,170. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,921/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
3,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02740, New Bedford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,079 (100%) |
| Owner Occupied HU | 7,962 (37.8%) |
| Renter Occupied HU | 11,861 (56.3%) |
| Vacant Housing Units | 1,256 ( 6.0%) |
| Median Home Value | $374,976 |
| Average Home Value | $421,127 |
Housing Distribution
Address Breakdown
Residential
16,625
Single Family
12,919
Multi-Family
3,706
Businesses
1,302
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Listed by: Lucia Andrade • Vicente Realty, LLC
Mls Name: MLS PIN
Mls ID: #73413270