1 Tupperware Dr UNIT 326North SmithfieldRI02896
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 920 sft
- 2 Bed
- 1 Bath
- 782 sft
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
Rental property for sale in North Smithfield at 1 Tupperware Dr UNIT 326, North Smithfield, RI, 02896 generates $2,728/mo in rent and, after a $2,031/mo payment, leaves $19/mo in cash flow. Total monthly income is $2,728/mo, and annual cash flow is $230/yr on $137,571 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 7.89% on a $414,995 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,655 over five years. Five-year ROI reaches 104.2% and total cumulative return in cash sums $143,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,728/mo property income rather than buyer’s personal income.
Condo
Built in 2011
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
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 920 sft
- 2 Bed
- 1 Bath
- 782 sft
Nearby investment properties with comparable prices
Listed by: Paul DeFalco • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls ID: #1395734