130 Hill RdBurrillvilleRI02830
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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 Burrillville at 130 Hill Rd, Burrillville, RI, 02830 generates $3,163/mo in rent and, after a $2,203/mo payment, leaves $225/mo in cash flow. Total monthly income is $3,163/mo, and annual cash flow is $2,700/yr on $149,175 invested. Return on cash invested sits at 21.72% in year one, and rental yield is 8.43% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 112.99% and total cumulative return in cash sums $168,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,163/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02830, Harrisville, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 2,052 (73.7%) |
| Renter Occupied HU | 598 (21.5%) |
| Vacant Housing Units | 135 ( 4.8%) |
| Median Home Value | $458,240 |
| Average Home Value | $483,901 |
Housing Distribution
Address Breakdown
Residential
2,658
Single Family
2,591
Multi-Family
67
Businesses
118
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Listed by: Tracey Griffin • LAER Realty Partners
Mls Name: StateWide MLS RI
Mls ID: #1398748