1 Butts Rock RdLittle ComptonRI02837
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
Total monthly income runs $4,594/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 4.59% with $4,594/mo rent. Return on cash invested shows 10.37% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 52.06% and total cumulative return in cash records $202,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,594/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02837, Little Compton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,486 (100%) |
| Owner Occupied HU | 1,414 (56.9%) |
| Renter Occupied HU | 239 ( 9.6%) |
| Vacant Housing Units | 833 (33.5%) |
| Median Home Value | $805,085 |
| Average Home Value | $892,100 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,205
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Nickerson Toste • Coastal Properties Group
Mls Name: StateWide MLS RI
Mls ID: #1387727