Real Estate Investing in Fall River, Massachusetts (02720)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02720 (Fall River, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Fall River, MA (02720)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02720 Fall River
Investors eyeing 02720 need to respect the fundamentals at play. Home values of $462K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 02720 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Meanwhile, 02720 offers a low basis, the region around Fall River has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 02720 ZIP's population of 31,063 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Fall River:
Property Strategy for 02720
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $228,075 | $1,310 | 4.1% | +11.4% | $228,075 |
| 2BR | $333,014 | $1,620 | 3.5% | +10.0% | $166,507 |
| 3BR | $467,248 | $1,960 | 3.0% | +8.4% | $155,749 |
| 4BR | $497,769 | $2,320 | 3.4% | +8.3% | $124,442 |
| 5BR | $579,959 | — | — | +9.4% | $115,992 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02720 Compare?
| Metric | 02720 | Fall River | Massachusetts |
|---|---|---|---|
| Home Value | $461,569 | $450,546 | $645,115 |
| 5-Year CAGR | 6.1% | 6.1% | 7.0% |
| Avg Rent | $1,881 | $1,801 | - |
| Cap Rate | 3.2% | 3.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02720 (Fall River, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $461,569 |
| Monthly Rent | $1,881 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 Rent Trends
| 1-Year | -4.2% ▼ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +4.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 02720
Population: 31,063
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 02720
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Chace Street
Talbot Innovation School
South
North Elementary
Somerset Middle School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,250 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Fall River, MA?
Rent in Fall River, MA is around $1,881/mo. The resulting rent-to-value relationship with $462K pricing is reasonable for most investor models.
Is the tenant base reliable in Fall River, MA?
The tenant pool in Fall River, MA is solid, supported by local employment and population fundamentals. Rents of $1,881/mo are well-absorbed by the market.
Which investment style suits Fall River, MA?
The best-fit strategy in Fall River, MA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is it like being a landlord in Fall River, MA?
For rental operators, Fall River, MA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Is Fall River, MA a smart market for rental property?
Fall River, MA rates 3.0/5 for investability. With median values at $462K and rents near $1,881/mo, the market offers reasonable fundamentals for rental investors.
You know 02720 now. You don’t know where it ranks.
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How 02720 ranks in Providence-Warwick, RI-MA
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