1 Henry Clay CtWest GreenwichRI02817
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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
Rental property for sale in West Greenwich at 1 Henry Clay Ct, West Greenwich, RI, 02817 priced at $680,000 converts $3,390/mo rent into after a $3,328/mo obligation. Total monthly income equals $3,390/mo. Return on cash invested prints 14.44% in year one, and rental yield reads 5.98% against a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation compiles into $187,871 by year five. Five-year ROI reaches 73.91% and total cumulative return in cash sums $165,360. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,390/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Single Family
Built in 2004
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02817, West Greenwich, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,617 (100%) |
| Owner Occupied HU | 2,085 (79.7%) |
| Renter Occupied HU | 435 (16.6%) |
| Vacant Housing Units | 97 ( 3.7%) |
| Median Home Value | $534,980 |
| Average Home Value | $554,369 |
Housing Distribution
Address Breakdown
Residential
2,568
Single Family
2,568
Multi-Family
0
Businesses
123
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Listed by: Jennifer Curry • RI Real Estate Services
Mls Name: StateWide MLS RI
Mls ID: #1398877