62 Rocliffe StFall RiverMA02723
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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 62 Rocliffe St, Fall River, MA, 02723 priced at $599,900 converts $1,903/mo rent into after a $2,936/mo obligation. Total monthly income equals $1,903/mo. Return on cash invested prints 8.64% in year one, and rental yield reads 3.81% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 42.57% and total cumulative return in cash sums $84,016. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,903/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
4,661 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02723, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,898 (100%) |
| Owner Occupied HU | 2,070 (26.2%) |
| Renter Occupied HU | 5,243 (66.4%) |
| Vacant Housing Units | 585 ( 7.4%) |
| Median Home Value | $388,732 |
| Average Home Value | $399,934 |
Housing Distribution
Address Breakdown
Residential
6,949
Single Family
4,842
Multi-Family
2,107
Businesses
486
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Listed by: Team ROSO • RE/MAX Vantage
Mls Name: MLS PIN
Mls ID: #73315609
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