120 Pig Hill RdCoventryRI02827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Coventry at 120 Pig Hill Rd, Coventry, RI, 02827 earns $1,010/mo cash flow from $4,986/mo rent with a $2,981/mo payment. Total monthly income totals $4,986/mo, and annual cash flow totals $12,124/yr on $200,361 capital. ROI tracks 26.11% on current figures, and rental yield reads 9.82% at a $609,000 purchase. Equity gained on principal adds $3,930/yr, and 5% annual appreciation supports $168,255 over five years. Five-year ROI reaches 136.53% and total cumulative return in cash sums $273,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,986/mo property income instead of your personal income.
Single Family
Built in 1979
3.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02827, Greene, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 953 (100%) |
| Owner Occupied HU | 853 (89.5%) |
| Renter Occupied HU | 65 ( 6.8%) |
| Vacant Housing Units | 35 ( 3.7%) |
| Median Home Value | $461,478 |
| Average Home Value | $502,192 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brianna Bienkiewicz • Century 21 Guardian Realty
Mls Name: StateWide MLS RI
Mls ID: #1403381