217 Plain StFall RiverMA02723
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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
Rental property for sale in Fall River at 217 Plain St, Fall River, MA, 02723 priced at $351,700 pairs $2,342/mo rent with $108/mo cash flow after a $1,721/mo payment. Total monthly income equals $2,342/mo, and annual cash flow comes to $1,301/yr on $116,589 invested. Return on cash invested is 21.02% in year one, and rental yield stands at 7.99% on a $351,700 basis. Equity gained on principal adds $2,269/yr, and 5% annual appreciation accumulates to $97,168 by year five. Five-year ROI measures 109.06% and total cumulative return in cash reaches $127,148. For financing, Ziffy Mortgage’s DSCR program evaluates $2,342/mo property income against a $1,721/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
3,049 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
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Listed by: N/A • N/A
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Mls ID: #N/A