313 Walter StFall RiverMA02724
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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
Rental property for sale in Fall River at 313 Walter St, Fall River, MA, 02724 priced at $470,000 converts $3,815/mo rent into $853/mo cash flow after a $2,300/mo obligation. Total monthly income equals $3,815/mo, and annual cash flow totals $10,237/yr on $155,805 invested. Return on cash invested prints 26.48% in year one, and rental yield reads 9.74% against a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,852 by year five. Five-year ROI reaches 138.26% and total cumulative return in cash sums $215,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,815/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 1953
5,454 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: Team ROSO • RE/MAX Vantage
Mls Name: MLS PIN
Mls ID: #73392591