10 McPartland WayEast GreenwichRI02818
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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 East Greenwich at 10 McPartland Way, East Greenwich, RI, 02818 at $1,650,000 posts ROI 12.34% with from $7,194/mo rent. Total monthly income equals $7,194/mo. Return on cash invested measures 12.34% and rental yield reads 5.23% at the current $1,650,000. Equity gained on principal adds $10,647/yr, and 5% annual appreciation supports $455,865 by year five. Five-year ROI prints 62.61% and total cumulative return in cash totals $334,697. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,194/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02818, East Greenwich, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,918 (100%) |
| Owner Occupied HU | 6,250 (70.1%) |
| Renter Occupied HU | 2,154 (24.2%) |
| Vacant Housing Units | 514 ( 5.8%) |
| Median Home Value | $616,971 |
| Average Home Value | $661,269 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
7,838
Multi-Family
752
Businesses
1,092
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Listed by: Sasha Mellor • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1398245