376 N Underwood StFall RiverMA02720
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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 Fall River at 376 N Underwood St, Fall River, MA, 02720 uses $132,600 cash to close to unlock $2,960/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $2,768/mo, and a $1,958/mo payment keeps the spread at $247/mo. Purchase price stands at $400,000, and rental yield measures 8.3% with $2,768/mo rent. Return on cash invested shows 22.14% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 114.96% and total cumulative return in cash records $152,440. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
10,423 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02720, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,665 (100%) |
| Owner Occupied HU | 5,815 (39.7%) |
| Renter Occupied HU | 7,892 (53.8%) |
| Vacant Housing Units | 958 ( 6.5%) |
| Median Home Value | $449,136 |
| Average Home Value | $481,814 |
Housing Distribution
Address Breakdown
Residential
13,501
Single Family
10,023
Multi-Family
3,478
Businesses
1,002
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Listed by: Lindsey Duckworth • Mott & Chace Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73393911