118 Dunns Corner Rd #196WesterlyRI02891
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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 Westerly at 118 Dunns Corner Rd #196, Westerly, RI, 02891 earns from $793/mo rent with a $489/mo payment. Total monthly income totals $793/mo. ROI tracks -21.33% on current figures, and rental yield reads 9.52% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $793/mo property income instead of your personal income.
Manufactured
Built in 2007
1 Acres lot
$N/A/sqft
$1,280 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,493
Single Family
9,863
Multi-Family
630
Businesses
1,129
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Listed by: Bolano Team • eXp Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1387957
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.