448 Nichols 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
Rental property for sale in Fall River at 448 Nichols St, Fall River, MA, 02720 generates $4,445/mo in rent and, after a $2,202/mo payment, leaves $1,609/mo in cash flow. Total monthly income is $4,445/mo, and annual cash flow is $19,313/yr on $149,142 invested. Return on cash invested sits at 32.86% in year one, and rental yield is 11.86% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 172.45% and total cumulative return in cash sums $257,194. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,445/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
5,140 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: Jason Araujo • HomeSmart Professionals Real Estate
Mls Name: MLS PIN
Mls ID: #73452924