107 Mulberry StPawtucketRI02860
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pawtucket at 107 Mulberry St, Pawtucket, RI, 02860 uses $124,313 cash to close to unlock $12,678/yr annual cash flow and $1,057/mo monthly cash flow. Total monthly income runs $3,504/mo, and a $1,835/mo payment keeps the spread at $1,057/mo. Purchase price stands at $375,000, and rental yield measures 11.21% with $3,504/mo rent. Return on cash invested shows 30.11% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 157.99% and total cumulative return in cash records $196,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,504/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1940
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Halajko • Blu Sky Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1403890