1189 Atwood AveJohnstonRI02919
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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 Johnston at 1189 Atwood Ave, Johnston, RI, 02919 earns from $2,822/mo rent with a $3,915/mo payment. Total monthly income totals $2,822/mo. ROI tracks 9.12% on current figures, and rental yield reads 4.23% at a $799,900 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $220,998 over five years. Five-year ROI reaches 45.4% and total cumulative return in cash sums $119,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,822/mo property income instead of your personal income.
Multi Family
Built in 1967
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02919, Johnston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,630 (100%) |
| Owner Occupied HU | 8,689 (68.8%) |
| Renter Occupied HU | 3,472 (27.5%) |
| Vacant Housing Units | 469 ( 3.7%) |
| Median Home Value | $408,882 |
| Average Home Value | $428,372 |
Housing Distribution
Address Breakdown
Residential
12,608
Single Family
11,503
Multi-Family
1,105
Businesses
1,373
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Listed by: Doug Jeffrey • Broadway Real Estate Group
Mls Name: StateWide MLS RI
Mls ID: #1394342