239 Glasgow St APT 8Fall RiverMA02721
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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 Fall River at 239 Glasgow St APT 8, Fall River, MA, 02721 uses $85,859 cash to close to unlock $8,715/yr annual cash flow and $726/mo monthly cash flow. Total monthly income runs $2,359/mo, and a $1,268/mo payment keeps the spread at $726/mo. Purchase price stands at $259,000, and rental yield measures 10.93% with $2,359/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 157.46% and total cumulative return in cash records $135,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,359/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02721, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 4,108 (31.5%) |
| Renter Occupied HU | 7,915 (60.7%) |
| Vacant Housing Units | 1,019 ( 7.8%) |
| Median Home Value | $451,075 |
| Average Home Value | $480,831 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
8,104
Multi-Family
3,520
Businesses
850
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Listed by: Lucelia Pimenta Azevedo • Lyv Realty
Mls Name: MLS PIN
Mls ID: #73417695