355 Peckham 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 355 Peckham St, Fall River, MA, 02724 generates $2,350/mo in rent, after a $2,203/mo payment. Total monthly income is $2,350/mo. Return on cash invested sits at 15.99% in year one, and rental yield is 6.27% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 82.01% and total cumulative return in cash sums $122,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,350/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
7,000 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: Jade Garcia • revolv Real Estate
Mls Name: MLS PIN
Mls ID: #73465488