248 Jefferson StFall 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 248 Jefferson St, Fall River, MA, 02721 with 5% annual appreciation on a $720,000 basis while $2,986/mo rent supports operations. 2% in year one. Equity gained on principal adds $4,646/yr, and five-year appreciation sums $198,923 alongside rental yield of 4.98%. Five-year ROI measures 61.61% and total cumulative return in cash totals $145,939. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,986/mo property income versus a $3,524/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
3,306 sqft 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: Jennifer Eaton • ALANTE Real Estate
Mls Name: MLS PIN
Mls ID: #73416610