154 Black Pond RdCharlestownRI02813
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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 Charlestown at 154 Black Pond Rd, Charlestown, RI, 02813 offers a 5.11% rental yield on a $719,000 purchase with $3,060/mo rent. 77% in year one. Equity gained on principal adds $4,640/yr while 5% annual appreciation supports $198,646 over five years. Portfolio math shows five-year ROI at 59.63% and total cumulative return in cash at $141,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,060/mo property income against a $3,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02813, Charlestown, RI area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,695
Single Family
3,695
Multi-Family
0
Businesses
261
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Listed by: Chad Dupuis • Coldwell Banker Coastal Homes
Mls Name: StateWide MLS RI
Mls ID: #1392167