117 John St #14, Lincoln, RI, 02865 | $272/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1084 sft

29 Lane #A, Coventry, RI, 02816

1 Bed
1 Bath
488 sft

51 Knotty Oak Shrs, Coventry, RI, 02816

Currently Rented+ 3 more

2 Bed
1 Bath
810 sft

300 Smithfield Rd APT 5-28, North Providence, RI, 02904

2 Bed
1 Bath
1008 sft

657 Greenville Ave, Johnston, RI, 02919

Nearby investment properties with comparable prices

2 Bed
1 Bath
1046 sft

148 Lakeview Ave, Taunton, MA, 02780

1 Bed
1 Bath
488 sft

51 Knotty Oak Shrs, Coventry, RI, 02816

2 Bed
2 Bath
840 sft

28 Terry Dr, Attleboro, MA, 02703

2 Bed
1 Bath
1124 sft

35 Lane #A, Coventry, RI, 02816

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lincoln at 117 John St #14, Lincoln, RI, 02865 generates $1,576/mo in rent and, after a $978/mo payment, leaves $272/mo in cash flow. Total monthly income is $1,576/mo, and annual cash flow is $3,258/yr on $66,267 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 9.46% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 129.66% and total cumulative return in cash sums $85,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,576/mo property income rather than buyer’s personal income.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA