1 Tupperware Dr UNIT 209North SmithfieldRI02896
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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 North Smithfield at 1 Tupperware Dr UNIT 209, North Smithfield, RI, 02896 generates $2,754/mo in rent and, after a $1,953/mo payment, leaves $149/mo in cash flow. Total monthly income is $2,754/mo, and annual cash flow is $1,792/yr on $132,269 invested. Return on cash invested sits at 21.26% in year one, and rental yield is 8.28% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 110.56% and total cumulative return in cash sums $146,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02896, North Smithfield, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,671 (100%) |
| Owner Occupied HU | 3,460 (74.1%) |
| Renter Occupied HU | 1,036 (22.2%) |
| Vacant Housing Units | 175 ( 3.7%) |
| Median Home Value | $474,343 |
| Average Home Value | $507,164 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,835
Multi-Family
670
Businesses
234
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Listed by: Lindsay Pettinelli • Churchill & Banks Co., LLC
Mls Name: StateWide MLS RI
Mls ID: #1394315