683 Church StNew BedfordMA02745
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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
Investment property for sale in New Bedford at 683 Church St, New Bedford, MA, 02745 listed at $689,000 pairs $2,482/mo rent with a $3,372/mo payment. Total monthly income runs $2,482/mo. Return on cash invested measures 10.21% in year one, and rental yield registers 4.32% at a $689,000 basis. Equity gained on principal adds $4,446/yr, and annual property appreciation at 5% supports $190,358 by year five. Five-year ROI tracks 50.96% and total cumulative return in cash totals $115,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,482/mo property income relative to a $3,372/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02745, New Bedford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 6,399 (56.2%) |
| Renter Occupied HU | 4,581 (40.2%) |
| Vacant Housing Units | 406 ( 3.6%) |
| Median Home Value | $401,117 |
| Average Home Value | $447,924 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
9,164
Multi-Family
957
Businesses
752
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Listed by: Manuel A. Medeiros • Medeiros & Associates Real Estate
Mls Name: MLS PIN
Mls ID: #73418998