153 Fish RdTivertonRI02878
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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
Rental property for sale in Tiverton at 153 Fish Rd, Tiverton, RI, 02878 generates $2,911/mo in rent and, after a $1,953/mo payment, leaves $306/mo in cash flow. Total monthly income is $2,911/mo, and annual cash flow is $3,676/yr on $132,269 invested. Return on cash invested sits at 22.69% in year one, and rental yield is 8.75% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash sums $156,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,911/mo property income rather than buyer’s personal income.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
No 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: Amanda Nickerson Toste • Coastal Properties Group
Mls Name: StateWide MLS RI
Mls ID: #1398872