105 Neris WayPascoagRI02859
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow105 Neris Way, Pascoag, RI, 02859 in Pascoag earns its strong cash-flow label: 13.83% yield, $2,248/mo rent, $975/mo net income, DSCR 2.56. The $195,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $53,875 by year five. Combined with $1,796/yr in principal paydown, total projected return reaches $136,993.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.2% |
| Monthly Cash Flow | $975 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,248 |
| Total Monthly Debt Service | $1,195 |
| DSCR Ratio | 1.88x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02859, Pascoag, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 1,997 (70.2%) |
| Renter Occupied HU | 623 (21.9%) |
| Vacant Housing Units | 226 ( 7.9%) |
| Median Home Value | $489,981 |
| Average Home Value | $573,956 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,566
Multi-Family
98
Businesses
117
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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
Lot
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02859, Pascoag, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 1,997 (70.2%) |
| Renter Occupied HU | 623 (21.9%) |
| Vacant Housing Units | 226 ( 7.9%) |
| Median Home Value | $489,981 |
| Average Home Value | $573,956 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,566
Multi-Family
98
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices