1603 Plainfield Pike APT A11, Johnston, RI, 02919 | $912/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1603 Plainfield Pike APT A11, Johnston, RI, 02919 | $912/mo Cash Flow | Ziffy

For Sale

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 Johnston at 1603 Plainfield Pike APT A11, Johnston, RI, 02919 earns $912/mo cash flow from $2,870/mo rent with a $1,468/mo payment. Total monthly income totals $2,870/mo, and annual cash flow totals $10,946/yr on $99,417 capital. ROI tracks 30.92% on current figures, and rental yield reads 11.48% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 162.35% and total cumulative return in cash sums $161,404. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,870/mo property income instead of your personal income.

Townhouse

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

**Highest & Best Offers Due Monday, 10/20 at 5pm**Experience the perfect blend of comfort and style in this beautifully maintained 2 bedroom, 1.5 bath townhouse. This home offers an inviting open layout filled with natural light and thoughtful upgrades throughout. **The main level features a bright living area with a gas fireplace, a half bath, and an open kitchen with newer appliancesideal for everyday living and entertaining. Upstairs, youll find two spacious bedrooms with ample closet space and a full bath. **Enjoy the comfort of central air, a one-car garage with a new door, and a private back deck perfect for relaxing outdoors. The complex also offers a lovely park area, adding to the peaceful, well-kept setting. **Topping it all off is the homes unbeatable locationjust minutes from top-rated schools, shopping, dining, major highways, and moreoffering ultimate convenience and accessibility.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02919, Johnston, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,630 (100%)
Owner Occupied HU	8,689 (68.8%)
Renter Occupied HU	3,472 (27.5%)
Vacant Housing Units	469 ( 3.7%)
Median Home Value	$408,882
Average Home Value	$428,372