11 Central StBurrillvilleRI02830
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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
Rental property for sale in Burrillville at 11 Central St, Burrillville, RI, 02830 generates $2,352/mo in rent, after a $3,181/mo payment. Total monthly income is $2,352/mo. Return on cash invested sits at 9.45% in year one, and rental yield is 4.34% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 47.19% and total cumulative return in cash sums $100,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,352/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02830, Harrisville, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 2,052 (73.7%) |
| Renter Occupied HU | 598 (21.5%) |
| Vacant Housing Units | 135 ( 4.8%) |
| Median Home Value | $458,240 |
| Average Home Value | $483,901 |
Housing Distribution
Address Breakdown
Residential
2,658
Single Family
2,591
Multi-Family
67
Businesses
118
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Listed by: Kyle Seyboth • Century 21 Limitless
Mls Name: StateWide MLS RI
Mls ID: #1397742