64 Katherine St, New Bedford, MA, 02744 | 4.51% Rental Yield

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

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 64 Katherine St, New Bedford, MA, 02744 priced at $530,000 converts $1,992/mo rent into after a $2,594/mo obligation. Total monthly income equals $1,992/mo. Return on cash invested prints 10.78% in year one, and rental yield reads 4.51% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 54.02% and total cumulative return in cash sums $94,195. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,992/mo property income covering a $2,594/mo payment, not borrower’s personal income.

Multi Family

Built in 1902

3,001 sqft lot

$N/A/sqft

No HOA