12 Silver Pines Blvd SUITE 12North SmithfieldRI02896
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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 North Smithfield at 12 Silver Pines Blvd SUITE 12, North Smithfield, RI, 02896 earns from $2,370/mo rent with a $2,080/mo payment. Total monthly income totals $2,370/mo. ROI tracks 16.47% on current figures, and rental yield reads 6.69% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 84.83% and total cumulative return in cash sums $119,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,370/mo property income instead of your personal income.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02896, North Smithfield, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,671 (100%) |
| Owner Occupied HU | 3,460 (74.1%) |
| Renter Occupied HU | 1,036 (22.2%) |
| Vacant Housing Units | 175 ( 3.7%) |
| Median Home Value | $474,343 |
| Average Home Value | $507,164 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,835
Multi-Family
670
Businesses
234
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Listed by: Carol LaRiviere • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls ID: #1400450