589 Osborn StFall RiverMA02724
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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 589 Osborn St, Fall River, MA, 02724 generates $1,986/mo in rent, after a $2,936/mo payment. Total monthly income is $1,986/mo. Return on cash invested sits at 9.15% in year one, and rental yield is 3.97% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 45.27% and total cumulative return in cash sums $89,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,986/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
2,570 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: Stacey Garcia • Keller Williams Realty Leading Edge
Mls Name: MLS PIN
Mls ID: #73457891