750 Davol St UNIT 219Fall RiverMA02720
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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 750 Davol St UNIT 219, Fall River, MA, 02720 listed at $299,000 pairs $2,374/mo rent with a $1,463/mo payment to leave $490/mo cash flow. Total monthly income runs $2,374/mo, and annual cash flow reaches $5,879/yr on $99,119 cash to close. Return on cash invested measures 25.84% in year one, and rental yield registers 9.53% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 134.78% and total cumulative return in cash totals $133,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,374/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02720, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,665 (100%) |
| Owner Occupied HU | 5,815 (39.7%) |
| Renter Occupied HU | 7,892 (53.8%) |
| Vacant Housing Units | 958 ( 6.5%) |
| Median Home Value | $449,136 |
| Average Home Value | $481,814 |
Housing Distribution
Address Breakdown
Residential
13,501
Single Family
10,023
Multi-Family
3,478
Businesses
1,002
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Listed by: Kate Lanagan MacGregor • Bold Real Estate Inc.
Mls Name: MLS PIN
Mls ID: #73469001