23 Pitman 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 23 Pitman St, Fall River, MA, 02723 at $250,000 posts ROI 23.66% with $259/mo cash flow from $1,835/mo rent. Total monthly income equals $1,835/mo, and annual cash flow records $3,107/yr on $82,875 to close. Return on cash invested measures 23.66% and rental yield reads 8.81% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 123.09% and total cumulative return in cash totals $102,010.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,835/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
1,172 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: Stephon Orelus • LPT Realty, LLC
Mls Name: MLS PIN
Mls ID: #73419159