14 Ash St #CPortsmouthRI02871
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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 Portsmouth at 14 Ash St #C, Portsmouth, RI, 02871 earns $406/mo cash flow from $2,816/mo rent with a $1,591/mo payment. Total monthly income totals $2,816/mo, and annual cash flow totals $4,874/yr on $107,738 capital. ROI tracks 24.43% on current figures, and rental yield reads 10.4% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 128.75% and total cumulative return in cash sums $138,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,816/mo property income instead of your personal income.
Condo
Built in 1962
0.35 Acres lot
$N/A/sqft
$288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02871, Portsmouth, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,329 (100%) |
| Owner Occupied HU | 5,674 (68.1%) |
| Renter Occupied HU | 1,526 (18.3%) |
| Vacant Housing Units | 1,129 (13.6%) |
| Median Home Value | $652,796 |
| Average Home Value | $746,528 |
Housing Distribution
Address Breakdown
Residential
7,920
Single Family
7,619
Multi-Family
301
Businesses
575
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Listed by: Ryan Hazinakis • Keller Williams Coastal
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1382459
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.