121 Samuel AvePawtucketRI02860
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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
Rental property for sale in Pawtucket at 121 Samuel Ave, Pawtucket, RI, 02860 priced at $255,000 converts $1,753/mo rent into $89/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,753/mo, and annual cash flow totals $1,062/yr on $84,533 invested. Return on cash invested prints 21.17% in year one, and rental yield reads 8.25% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 110.05% and total cumulative return in cash sums $93,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,753/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1935
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
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Listed by: Jeffrey Cabral • Here To There Realty
Mls Name: StateWide MLS RI
Mls ID: #1401664