48 Ridge StFall RiverMA02721
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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
Investment property for sale in Fall River at 48 Ridge St, Fall River, MA, 02721 at $980,000 posts ROI 6.41% with from $2,510/mo rent. Total monthly income equals $2,510/mo. Return on cash invested measures 6.41% and rental yield reads 3.07% at the current $980,000. Equity gained on principal adds $6,324/yr, and 5% annual appreciation supports $270,756 by year five. Five-year ROI prints 30.58% and total cumulative return in cash totals $98,580. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,510/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02721, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 4,108 (31.5%) |
| Renter Occupied HU | 7,915 (60.7%) |
| Vacant Housing Units | 1,019 ( 7.8%) |
| Median Home Value | $451,075 |
| Average Home Value | $480,831 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
8,104
Multi-Family
3,520
Businesses
850
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Listed by: Mark Barter • HomeSmart Professionals Real Estate
Mls Name: MLS PIN
Mls ID: #73419720