11 Hollow Ridge RdRumfordRI02916
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 Rumford at 11 Hollow Ridge Rd, Rumford, RI, 02916 listed at $679,000 pairs $3,928/mo rent with a $3,323/mo payment. Total monthly income runs $3,928/mo. Return on cash invested measures 17.35% in year one, and rental yield registers 6.94% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 89.54% and total cumulative return in cash totals $200,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,928/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02916, Rumford, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,061 (100%) |
| Owner Occupied HU | 2,688 (66.2%) |
| Renter Occupied HU | 1,222 (30.1%) |
| Vacant Housing Units | 151 ( 3.7%) |
| Median Home Value | $430,359 |
| Average Home Value | $452,640 |
Housing Distribution
Address Breakdown
Residential
3,918
Single Family
3,305
Multi-Family
613
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabe Francis • Lenox Realty Group
Mls Name: StateWide MLS RI
Mls ID: #1402419