700 Shore Dr #5-501Fall RiverMA02721
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 700 Shore Dr #5-501, Fall River, MA, 02721 in Fall River deserves attention. This $519,900 property earns $5,120/mo in rent, a 11.82% gross yield, and nets $999/mo after the $2,338/mo payment. DSCR 2.19 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $143,639 compounds alongside $4,788/yr in yearly equity build, for a total cumulative return of $265,294.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 5.2% |
| Monthly Cash Flow | $999 | $450 |
City averages based on Fall River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,120 |
| Total Monthly Debt Service | $3,915 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$845 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02721, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 4,108 (31.5%) |
| Renter Occupied HU | 7,915 (60.7%) |
| Vacant Housing Units | 1,019 ( 7.8%) |
| Median Home Value | $451,075 |
| Average Home Value | $480,831 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
8,104
Multi-Family
3,520
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$845 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02721, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 4,108 (31.5%) |
| Renter Occupied HU | 7,915 (60.7%) |
| Vacant Housing Units | 1,019 ( 7.8%) |
| Median Home Value | $451,075 |
| Average Home Value | $480,831 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
8,104
Multi-Family
3,520
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices