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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Smithfield at 125 Pleasant View Ave APT 50, Smithfield, RI, 02917 earns $347/mo cash flow from $2,632/mo rent with a $1,713/mo payment. Total monthly income totals $2,632/mo, and annual cash flow totals $4,168/yr on $116,025 capital. ROI tracks 23.5% on current figures, and rental yield reads 9.02% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 122.56% and total cumulative return in cash sums $142,202. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,632/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02917, Smithfield, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,210 (100%) |
| Owner Occupied HU | 4,016 (77.1%) |
| Renter Occupied HU | 1,003 (19.3%) |
| Vacant Housing Units | 191 ( 3.7%) |
| Median Home Value | $478,603 |
| Average Home Value | $532,500 |
Residential
5,185
Single Family
4,814
Multi-Family
371
Businesses
731
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lindsay Pettinelli • Churchill & Banks Co., LLC
Mls Name: StateWide MLS RI
Mls ID: #1395724
