70 Chestnut StFairhavenMA02719
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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 Fairhaven at 70 Chestnut St, Fairhaven, MA, 02719 priced at $645,000 converts $3,690/mo rent into after a $3,157/mo obligation. Total monthly income equals $3,690/mo. Return on cash invested prints 17.94% in year one, and rental yield reads 6.87% against a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation compiles into $178,202 by year five. Five-year ROI reaches 92.39% and total cumulative return in cash sums $196,048. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,690/mo property income covering a $3,157/mo payment, not borrower’s personal income.
Single Family
Built in 1928
4,979 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02719, Fairhaven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 5,118 (65.2%) |
| Renter Occupied HU | 1,935 (24.6%) |
| Vacant Housing Units | 802 (10.2%) |
| Median Home Value | $534,221 |
| Average Home Value | $610,356 |
Housing Distribution
Address Breakdown
Residential
7,000
Single Family
6,300
Multi-Family
700
Businesses
544
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Listed by: Danielle Cyr DeFrias • Bold Real Estate Inc.
Mls Name: MLS PIN
Mls ID: #73422819