324-326 Nash RdNew BedfordMA02746
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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
Total monthly income runs $2,443/mo, and a $3,041/mo payment. Purchase price stands at $621,400, and rental yield measures 4.72% with $2,443/mo rent. Return on cash invested shows 11.41% in year one, and 5% annual appreciation builds toward $171,681 over five years. Five-year ROI reaches 57.4% and total cumulative return in cash records $117,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,443/mo property income covering a $3,041/mo payment rather than investor’s personal income.
Multi Family
Built in 1914
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02746, New Bedford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 1,476 (19.4%) |
| Renter Occupied HU | 5,675 (74.5%) |
| Vacant Housing Units | 462 ( 6.1%) |
| Median Home Value | $332,218 |
| Average Home Value | $328,147 |
Housing Distribution
Address Breakdown
Residential
6,007
Single Family
4,020
Multi-Family
1,987
Businesses
578
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Listed by: N/A • N/A
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Mls ID: #N/A