111 King Philip AveBristolRI02809
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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
Investment property for sale in Bristol at 111 King Philip Ave, Bristol, RI, 02809 at $1,100,000 posts ROI 10.6% with from $4,279/mo rent. Total monthly income equals $4,279/mo. Return on cash invested measures 10.6% and rental yield reads 4.67% at the current $1,100,000. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 by year five. Five-year ROI prints 53.28% and total cumulative return in cash totals $189,907. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,279/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
10,001 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: Ariana Pezzullo • William Raveis Inspire
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1379840
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.