1 Old County Village Way UNIT E, Smithfield, RI, 02917 | 5.76% Rental Yield

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1 Old County Village Way UNIT E, Smithfield, RI, 02917 | 5.76% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Smithfield at 1 Old County Village Way UNIT E, Smithfield, RI, 02917 listed at $699,900 pairs $3,360/mo rent with a $3,426/mo payment. Total monthly income runs $3,360/mo. Return on cash invested measures 13.76% in year one, and rental yield registers 5.76% at a $699,900 basis. Equity gained on principal adds $4,516/yr, and annual property appreciation at 5% supports $193,369 by year five. Five-year ROI tracks 70.27% and total cumulative return in cash totals $161,816. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,360/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2024

2,199 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this fully finished, beautifully upgraded 3-bedroom, 2.5-bathroom townhouse offering over 2,200 sq. ft. of living space. Designed with modern living in mind, this stunning property is part of a side-by-side duplex, blending privacy, style, and convenience in one perfect package. Step inside and enjoy the open floor plan featuring a spacious eat-in kitchen with custom cabinets, upgraded tile work, and custom blinds/shades throughout. The kitchen flows seamlessly into a dining area and a double living room with a natural gas fireplace, ideal for entertaining or cozy nights in. Gleaming hardwood floors run throughout ?the first and second floors. Upstairs, retreat to the? primary suite, complete with a luxurious master bath and a walk-in closet. Two additional generous bedrooms and plenty of closet space make this home perfect those seeking extra room for ?family, guests and office space. Set within a beautiful, secluded setting, just minutes from The Crossing at Smithfield, restaurants, shopping, parks, and major highways, this home offers the best of both tranquility and accessibilitywith easy commutes to Providence and Boston. Dont miss this opportunity to own a brand-new, move-in ready home with thoughtful upgrades and timeless designschedule your private showing today! *there is still some construction happening on the site for other units, some photos have been modified to remove it from the background* For gps purposes, use 190 Old County Rd.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02917, Smithfield, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,210 (100%)
Owner Occupied HU	4,016 (77.1%)
Renter Occupied HU	1,003 (19.3%)
Vacant Housing Units	191 ( 3.7%)
Median Home Value	$478,603
Average Home Value	$532,500