107 Old River Rd Unit 11, Lincoln, RI, 02865 | 7.35% Rental Yield

For Sale

Listed for sale 1 day ago

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 107 Old River Rd Unit 11, Lincoln, RI, 02865 offers a 7.35% rental yield on a $352,836 purchase with $2,160/mo rent. 44% in year one. Equity gained on principal adds $2,277/yr while 5% annual appreciation supports $97,482 over five years. Portfolio math shows five-year ROI at 95.42% and total cumulative return in cash at $111,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,727/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2021

N/A lot

$N/A/sqft

No HOA