61-63 Clara St, New Bedford, MA, 02744 | 3.47% Rental Yield

Off market

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Bedford at 61-63 Clara St, New Bedford, MA, 02744 priced at $687,100 pairs $1,988/mo rent with after a $3,363/mo payment. Total monthly income equals $1,988/mo. Return on cash invested is 7.62% in year one, and rental yield stands at 3.47% on a $687,100 basis. Equity gained on principal adds $4,434/yr, and 5% annual appreciation accumulates to $189,833 by year five. Five-year ROI measures 37.09% and total cumulative return in cash reaches $83,854. For financing, Ziffy Mortgage’s DSCR program evaluates $1,988/mo property income against a $3,363/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1922

3,484 sqft lot

$N/A/sqft

No HOA