57 Larouche StFall RiverMA02724
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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
Rental property for sale in Fall River at 57 Larouche St, Fall River, MA, 02724 offers $2,387/mo rent that, after a $1,615/mo payment, leaves $307/mo cash flow. Total monthly income is $2,387/mo, and annual cash flow is $3,689/yr on $109,362 cash. Return on cash invested measures 23.28% in year one, and rental yield stands at 8.68% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 121.11% and total cumulative return in cash reaches $132,447. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,387/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,637 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02724, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,291 (100%) |
| Owner Occupied HU | 2,913 (31.4%) |
| Renter Occupied HU | 5,681 (61.1%) |
| Vacant Housing Units | 697 ( 7.5%) |
| Median Home Value | $479,623 |
| Average Home Value | $511,620 |
Housing Distribution
Address Breakdown
Residential
7,466
Single Family
5,311
Multi-Family
2,155
Businesses
362
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Listed by: Matthew Daylor • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73405668