1 Westfarm RdSmithfieldRI02917
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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
Total monthly income runs $4,250/mo, and a $4,895/mo payment. Purchase price stands at $999,999, and rental yield measures 5.1% with $4,250/mo rent. Return on cash invested shows 11.75% in year one, and 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 59.52% and total cumulative return in cash records $195,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,250/mo property income covering a $4,895/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.84 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,185
Single Family
4,814
Multi-Family
371
Businesses
731
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Listed by: Geddes Dupuis Team • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1393057