14 Jones AvePawtucketRI02861
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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 Pawtucket at 14 Jones Ave, Pawtucket, RI, 02861 offers a 9.66% rental yield on a $420,000 purchase with $3,380/mo rent. Total monthly income registers $3,380/mo, and a $2,056/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,656/yr on $139,230 to close, and return on cash invested stands at 25.41% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 132.76% and total cumulative return in cash at $184,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,380/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
5,671 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02861, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,189 (100%) |
| Owner Occupied HU | 7,318 (60.0%) |
| Renter Occupied HU | 4,287 (35.2%) |
| Vacant Housing Units | 584 ( 4.8%) |
| Median Home Value | $339,560 |
| Average Home Value | $388,596 |
Housing Distribution
Address Breakdown
Residential
11,285
Single Family
10,467
Multi-Family
818
Businesses
652
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Listed by: John Hiatt • JH Realty Group
Mls Name: StateWide MLS RI
Mls ID: #1403135