120 Danielson PikeFosterRI02825
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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 Foster at 120 Danielson Pike, Foster, RI, 02825 offers a 6.73% rental yield on a $449,000 purchase with $2,520/mo rent. 59% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 85.5% and total cumulative return in cash at $127,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02825, Foster, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,820 (87.1%) |
| Renter Occupied HU | 180 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.3%) |
| Median Home Value | $480,296 |
| Average Home Value | $519,391 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
2,076
Multi-Family
0
Businesses
85
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Listed by: Don Martone • Bond Brokerage
Mls Name: StateWide MLS RI
Mls ID: #1402196