98 Beetle StNew BedfordMA02746
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 98 Beetle St, New Bedford, MA, 02746 with 5% annual appreciation on a $730,000 basis while $1,770/mo rent supports operations. 91% in year one. Equity gained on principal adds $4,711/yr, and five-year appreciation sums $201,686 alongside rental yield of 2.91%. Five-year ROI measures 27.91% and total cumulative return in cash totals $67,022. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,770/mo property income versus a $3,573/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1905
3,589 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02746, New Bedford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 1,476 (19.4%) |
| Renter Occupied HU | 5,675 (74.5%) |
| Vacant Housing Units | 462 ( 6.1%) |
| Median Home Value | $332,218 |
| Average Home Value | $328,147 |
Housing Distribution
Address Breakdown
Residential
6,007
Single Family
4,020
Multi-Family
1,987
Businesses
578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Vision Group • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73435761