42 Query StNew BedfordMA02745
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 New Bedford at 42 Query St, New Bedford, MA, 02745 priced at $529,900 pairs $2,747/mo rent with after a $2,594/mo payment. Total monthly income equals $2,747/mo. Return on cash invested is 15.98% in year one, and rental yield stands at 6.22% on a $529,900 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,402 by year five. Five-year ROI measures 81.88% and total cumulative return in cash reaches $142,739. For financing, Ziffy Mortgage’s DSCR program evaluates $2,747/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1916
5,249 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02745, New Bedford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 6,399 (56.2%) |
| Renter Occupied HU | 4,581 (40.2%) |
| Vacant Housing Units | 406 ( 3.6%) |
| Median Home Value | $401,117 |
| Average Home Value | $447,924 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
9,164
Multi-Family
957
Businesses
752
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Listed by: Team ROSO • RE/MAX Vantage
Mls Name: MLS PIN
Mls ID: #73378320