1107 Hope StBristolRI02809
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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
Total monthly income runs $3,815/mo, and a $2,961/mo payment. Purchase price stands at $605,000, and rental yield measures 7.57% with $3,815/mo rent. Return on cash invested shows 19.25% in year one, and 5% annual appreciation builds toward $167,150 over five years. Five-year ROI reaches 99.73% and total cumulative return in cash records $198,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,815/mo property income covering a $2,961/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02809, Bristol, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,670 (100%) |
| Owner Occupied HU | 5,967 (61.7%) |
| Renter Occupied HU | 2,840 (29.4%) |
| Vacant Housing Units | 863 ( 8.9%) |
| Median Home Value | $507,237 |
| Average Home Value | $586,507 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
8,211
Multi-Family
593
Businesses
778
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Listed by: Brooke Buckett • RE/MAX River's Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1392347
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.