139 Lincoln AveCentral FallsRI02863
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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 Central Falls at 139 Lincoln Ave, Central Falls, RI, 02863 uses $107,704 cash to close to unlock $8,044/yr annual cash flow and $670/mo monthly cash flow. Total monthly income runs $2,791/mo, and a $1,590/mo payment keeps the spread at $670/mo. Purchase price stands at $324,900, and rental yield measures 10.31% with $2,791/mo rent. Return on cash invested shows 27.38% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 143.36% and total cumulative return in cash records $154,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,791/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02863, Central Falls, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,168 (100%) |
| Owner Occupied HU | 1,748 (21.4%) |
| Renter Occupied HU | 5,996 (73.4%) |
| Vacant Housing Units | 424 ( 5.2%) |
| Median Home Value | $311,111 |
| Average Home Value | $309,203 |
Housing Distribution
Address Breakdown
Residential
6,316
Single Family
4,745
Multi-Family
1,571
Businesses
413
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11288360