92 Potter StNew BedfordMA02740
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
Investment Highlights
Investment property for sale in New Bedford at 92 Potter St, New Bedford, MA, 02740 at $389,000 posts ROI 22.05% with $230/mo cash flow from $2,682/mo rent. Total monthly income equals $2,682/mo, and annual cash flow records $2,762/yr on $128,954 to close. Return on cash invested measures 22.05% and rental yield reads 8.27% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 114.51% and total cumulative return in cash totals $147,666.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1892
10,219 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02740, New Bedford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,079 (100%) |
| Owner Occupied HU | 7,962 (37.8%) |
| Renter Occupied HU | 11,861 (56.3%) |
| Vacant Housing Units | 1,256 ( 6.0%) |
| Median Home Value | $374,976 |
| Average Home Value | $421,127 |
Housing Distribution
Address Breakdown
Residential
16,625
Single Family
12,919
Multi-Family
3,706
Businesses
1,302
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Listed by: Kade Phillips • RE/MAX Legacy
Mls Name: MLS PIN
Mls ID: #73410123