1058 Smithfield Ave, Lincoln, RI, 02865 | $342/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lincoln at 1058 Smithfield Ave, Lincoln, RI, 02865 uses $124,313 cash to close to unlock $4,098/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $2,789/mo, and a $1,835/mo payment keeps the spread at $342/mo. Purchase price stands at $375,000, and rental yield measures 8.92% with $2,789/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 120.97% and total cumulative return in cash records $150,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,789/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Single Family

Built in 1900

5,662 sqft lot

$N/A/sqft

No HOA