135 Ross Hill Rd, Charlestown, RI, 02813 | 6.47% Rental Yield

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135 Ross Hill Rd, Charlestown, RI, 02813 | 6.47% Rental Yield | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Charlestown at 135 Ross Hill Rd, Charlestown, RI, 02813 at $599,900 posts ROI 15.9% with from $3,232/mo rent. Total monthly income equals $3,232/mo. Return on cash invested measures 15.9% and rental yield reads 6.47% at the current $599,900. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 by year five. Five-year ROI prints 81.78% and total cumulative return in cash totals $161,416. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,232/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1981

1.04 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully maintained 3 bedroom, 2 bathroom Colonial offers 1,884 sqft of living space and is set back from the road for maximum privacy. It provides a perfect secluded escape from city life while being only minutes from the Rhode Island coastline, just 2 miles from the stunning Charlestown Beach, ideal for beachside relaxation and outdoor activities. The main level features gleaming hardwood floors, a spacious living and dining area, a modern fully-equipped kitchen, and a bright, sunlit great room that opens to a large porch overlooking a lush backyard surrounded by 1.04 acres of mature trees. Upstairs, you'll find three generous bedrooms and a full bathroom. This home offers tranquility, privacy, and convenient access to scenic water views and recreational opportunities in Charlestown. Located in a desirable neighborhood, it strikes a perfect balance between peaceful retreat and easy access to local amenities, parks, hiking trails, and community events. Whether you're seeking a serene residence or a weekend getaway spot close to the water, this remodeled property delivers on both lifestyle and convenience. Dont miss the opportunity, schedule your showing today and experience everything this charming Charlestown home has to offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02813, Charlestown, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,608 (100%)
Owner Occupied HU	3,154 (56.2%)
Renter Occupied HU	534 ( 9.5%)
Vacant Housing Units	1,920 (34.2%)
Median Home Value	$534,967
Average Home Value	$675,143