149 Front St, Lincoln, RI, 02865 | 6.64% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lincoln at 149 Front St, Lincoln, RI, 02865 offers a 6.64% rental yield on a $449,900 purchase with $2,488/mo rent. 3% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 83.94% and total cumulative return in cash at $125,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,488/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1940

7,744 sqft lot

$N/A/sqft

No HOA