10 Hamilton Hill RdGlocesterRI02814
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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
Investment property for sale in Glocester at 10 Hamilton Hill Rd, Glocester, RI, 02814 offers a 1.99% rental yield on a $1,175,000 purchase with $1,950/mo rent. 34% in year one. Equity gained on principal adds $7,582/yr while 5% annual appreciation supports $324,631 over five years. Portfolio math shows five-year ROI at 8.98% and total cumulative return in cash at $34,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,950/mo property income against a $5,751/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02814, Chepachet, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 2,698 (80.8%) |
| Renter Occupied HU | 376 (11.3%) |
| Vacant Housing Units | 267 ( 8.0%) |
| Median Home Value | $468,016 |
| Average Home Value | $500,838 |
Housing Distribution
Address Breakdown
Residential
2,889
Single Family
2,881
Multi-Family
8
Businesses
163
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Listed by: Stephen Antoni • Mott & Chace Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73407579