295 Commonwealth AveNew BedfordMA02740
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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 New Bedford at 295 Commonwealth Ave, New Bedford, MA, 02740 listed at $495,900 pairs $3,325/mo rent with a $2,427/mo payment to leave $200/mo cash flow. Total monthly income runs $3,325/mo, and annual cash flow reaches $2,395/yr on $164,391 cash to close. Return on cash invested measures 21.37% in year one, and rental yield registers 8.05% at a $495,900 basis. Equity gained on principal adds $3,200/yr, and annual property appreciation at 5% supports $137,008 by year five. Five-year ROI tracks 110.8% and total cumulative return in cash totals $182,153. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,325/mo property income relative to a $2,427/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02740, New Bedford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,079 (100%) |
| Owner Occupied HU | 7,962 (37.8%) |
| Renter Occupied HU | 11,861 (56.3%) |
| Vacant Housing Units | 1,256 ( 6.0%) |
| Median Home Value | $374,976 |
| Average Home Value | $421,127 |
Housing Distribution
Address Breakdown
Residential
16,625
Single Family
12,919
Multi-Family
3,706
Businesses
1,302
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Listed by: Ann Fournier • Bold Real Estate Inc.
Mls Name: MLS PIN
Mls ID: #73457457