122 Elder StLincolnRI02865
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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 Lincoln at 122 Elder St, Lincoln, RI, 02865 with 5% annual appreciation on a $465,000 basis while $2,921/mo rent supports operations. 02% in year one. Equity gained on principal adds $3,001/yr, and five-year appreciation sums $128,471 alongside rental yield of 7.54%. Five-year ROI measures 98.52% and total cumulative return in cash totals $151,859. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,921/mo property income versus a $2,276/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
4,791 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Roxanne Beretta • RE/MAX Real Estate Center
Mls Name: StateWide MLS RI
Mls ID: #1401380