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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 16 Center St, Charlestown, RI, 02813 earns $525/mo cash flow from $3,130/mo rent with a $1,953/mo payment. Total monthly income totals $3,130/mo, and annual cash flow totals $6,304/yr on $132,269 capital. ROI tracks 24.67% on current figures, and rental yield reads 9.41% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 128.87% and total cumulative return in cash sums $170,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,130/mo property income instead of your personal income.
Single Family
Built in 1959
0.70 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Herland Cabrera • Westcott Properties
Mls Name: StateWide MLS RI
Mls ID: #1392090
