117 John St #22LincolnRI02865
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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 Lincoln at 117 John St #22, Lincoln, RI, 02865 earns $1,182/mo cash flow from $2,490/mo rent with a $707/mo payment. Total monthly income totals $2,490/mo, and annual cash flow totals $14,184/yr on $47,902 capital. ROI tracks 49.52% on current figures, and rental yield reads 20.68% at a $144,500 purchase. Equity gained on principal adds $932/yr, and 5% annual appreciation supports $39,923 over five years. Five-year ROI reaches 265.36% and total cumulative return in cash sums $127,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,490/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$365 monthly HOA
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Listed by: Robin Adams • HERE Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1374294
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.