1 Side Hill StHope ValleyRI02832
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 Hope Valley at 1 Side Hill St, Hope Valley, RI, 02832 at $379,900 posts ROI 23.68% with $396/mo cash flow from $2,875/mo rent. Total monthly income equals $2,875/mo, and annual cash flow records $4,746/yr on $125,937 to close. Return on cash invested measures 23.68% and rental yield reads 9.08% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 123.51% and total cumulative return in cash totals $155,549.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,875/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1880
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02832, Hope Valley, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,568 (76.1%) |
| Renter Occupied HU | 339 (16.5%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $479,849 |
| Average Home Value | $511,724 |
Housing Distribution
Address Breakdown
Residential
1,782
Single Family
1,645
Multi-Family
137
Businesses
102
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Nearby investment properties with comparable prices
Listed by: David Tatangelo • RE/MAX Real Estate Center
Mls Name: StateWide MLS RI
Mls ID: #1389783