128 Old Quarry RdGlocesterRI02857
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 Glocester at 128 Old Quarry Rd, Glocester, RI, 02857 offers a 6.68% rental yield on a $629,900 purchase with $3,504/mo rent. 54% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,030 over five years. Portfolio math shows five-year ROI at 85.21% and total cumulative return in cash at $176,595. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,504/mo property income against a $3,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02857, North Scituate, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,639 (100%) |
| Owner Occupied HU | 3,040 (83.5%) |
| Renter Occupied HU | 445 (12.2%) |
| Vacant Housing Units | 154 ( 4.2%) |
| Median Home Value | $479,748 |
| Average Home Value | $533,428 |
Housing Distribution
Address Breakdown
Residential
3,318
Single Family
3,258
Multi-Family
60
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Robertson • Paul Vanasse and Associates RE
Mls Name: StateWide MLS RI
Mls ID: #1389254