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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Charlestown at 143 Cedar Rd, Charlestown, RI, 02813 offers a 5.25% rental yield on a $699,900 purchase with $3,060/mo rent. 13% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 61.58% and total cumulative return in cash at $141,788. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,060/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,018 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 02813, Charlestown, RI area.
| 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 |
Residential
3,695
Single Family
3,695
Multi-Family
0
Businesses
261
Date | Event | Price |
|---|---|---|
| 2025-02-18 | Listed for sale | $699,900 |
| 2015-09-15 | Sold | $324,000 |
| 2014-06-06 | Listed for sale | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $2905.00 | 0.69% | $502,600 | N/A |
| 2023-03-14 | $2885.00 | -2.96% | $502,600 | 38.11% |
| 2022-03-14 | $2973.00 | -0.13% | $363,900 | N/A |
Listed by: Patrice Fenton • Compass / Lila Delman Compass
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1378132
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.
