11 Hubbard St, Westerly, RI, 02891 | 7.61% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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11 Hubbard St, Westerly, RI, 02891 | 7.61% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Westerly at 11 Hubbard St, Westerly, RI, 02891 generates $3,292/mo in rent, after a $2,540/mo payment. Total monthly income is $3,292/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 7.61% on a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 100.47% and total cumulative return in cash sums $171,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,292/mo property income rather than buyer’s personal income.

Single Family

Built in 1941

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Create Your Architectural Gem in One of Westerlys Most Desirable Neighborhoods. Tucked away on a quiet, highly sought-after street just moments from the Westerly Yacht Club, this charming cottage-style bungalow invites visionaries, architects, and dreamers to bring their ideas to life. Set in a neighborhood surrounded by well-kept homes that protect your investment, this property offers the perfect canvas to create something truly special. Step inside and youll find classic wood floors, a stone fireplace, and cedar shingles that whisper of craftsmanship from another era. The home retains its timeless character while offering incredible potential for transformation into a modern architectural masterpiece. With city water, sewer, and gas, you have the flexibility to design and rebuild with ease. Included in the sale is the adjacent .14-acre lot (9 Hubbard St), providing additional space or future potentialboth parcels being sold as one. Located just minutes from downtown Westerly, Wilcox Park, the United Theatre, Granite Theatre, shops, and restaurants, this property offers the best of both convenience and coastal living. Beautiful beaches, golf courses, and marinas are all within easy reach. Whether youre a designer looking for your next project or a homeowner ready to reimagine a classic, 11 Hubbard Street is your opportunity to create a stunning architectural statement in one of Rhode Islands most desirable seaside towns.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02891, Westerly, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,932 (100%)
Owner Occupied HU	6,730 (52.0%)
Renter Occupied HU	3,145 (24.3%)
Vacant Housing Units	3,057 (23.6%)
Median Home Value	$496,385
Average Home Value	$622,871