389 Sconticut Neck RdFairhavenMA02719
Nearby investment properties with comparable rents
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 Fairhaven at 389 Sconticut Neck Rd, Fairhaven, MA, 02719 offers $2,753/mo rent that, after a $2,839/mo payment. Total monthly income is $2,753/mo. Return on cash invested measures 14.38% in year one, and rental yield stands at 5.7% at a $579,999 entry. Equity gained on principal adds $3,743/yr while 5% annual appreciation compounds into $160,243 by year five. Five-year ROI records 73.34% and total cumulative return in cash reaches $139,940. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,753/mo property income versus a $2,839/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,163 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02719, Fairhaven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 5,118 (65.2%) |
| Renter Occupied HU | 1,935 (24.6%) |
| Vacant Housing Units | 802 (10.2%) |
| Median Home Value | $534,221 |
| Average Home Value | $610,356 |
Housing Distribution
Address Breakdown
Residential
7,000
Single Family
6,300
Multi-Family
700
Businesses
544
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Listed by: Josiah Cordero • RE/MAX Vantage
Mls Name: MLS PIN
Mls ID: #73422212