700 Shore Dr UNIT 513Fall RiverMA02721
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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 Fall River at 700 Shore Dr UNIT 513, Fall River, MA, 02721 offers a 6.65% rental yield on a $489,000 purchase with $2,709/mo rent. 15% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 88.22% and total cumulative return in cash at $143,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,709/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No 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
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Listed by: Richard R. Abruzzini • Worldnet Real Estate Group
Mls Name: MLS PIN
Mls ID: #73399203