23 Tillson StFall RiverMA02724
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 23 Tillson St, Fall River, MA, 02724 in Fall River speaks for itself: 11.44% gross on a $479,900 price, generating $4,577/mo in rent and $1,552/mo in net income after the $2,158/mo debt service. DSCR 2.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,625 stacks alongside $132,588 in projected five-year appreciation and $4,420/yr in principal reduction. Projected total cumulative return: $282,135.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.2% |
| Monthly Cash Flow | $1,552 | $450 |
City averages based on Fall River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,577 |
| Total Monthly Debt Service | $2,834 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
9,553 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02724, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,291 (100%) |
| Owner Occupied HU | 2,913 (31.4%) |
| Renter Occupied HU | 5,681 (61.1%) |
| Vacant Housing Units | 697 ( 7.5%) |
| Median Home Value | $479,623 |
| Average Home Value | $511,620 |
Housing Distribution
Address Breakdown
Residential
7,466
Single Family
5,311
Multi-Family
2,155
Businesses
362
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
Single Family
Built in 2005
9,553 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02724, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,291 (100%) |
| Owner Occupied HU | 2,913 (31.4%) |
| Renter Occupied HU | 5,681 (61.1%) |
| Vacant Housing Units | 697 ( 7.5%) |
| Median Home Value | $479,623 |
| Average Home Value | $511,620 |
Housing Distribution
Address Breakdown
Residential
7,466
Single Family
5,311
Multi-Family
2,155
Businesses
362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team ROSO • RE/MAX Vantage
Mls Name: MLS PIN
Mls ID: #73431437