31 Barker StFall RiverMA02724
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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
Rental property for sale in Fall River at 31 Barker St, Fall River, MA, 02724 priced at $429,900 converts $2,870/mo rent into $161/mo cash flow after a $2,104/mo obligation. Total monthly income equals $2,870/mo, and annual cash flow totals $1,927/yr on $142,512 invested. Return on cash invested prints 21.26% in year one, and rental yield reads 8.01% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 110.24% and total cumulative return in cash sums $157,099. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,870/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Multi Family
Built in 1930
5,619 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
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Listed by: Joseph Motta III • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73415351