144 Corys LnTivertonRI02878
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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
Total monthly income runs $1,195/mo, and a $734/mo payment. Purchase price stands at $150,000, and rental yield measures 9.56% with $1,195/mo rent. Return on cash invested shows 17.88% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 95.02% and total cumulative return in cash records $47,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,195/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1,052 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11408186