








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 Johnston at 1603 Plainfield Pike APT H9, Johnston, RI, 02919 earns $482/mo cash flow from $2,863/mo rent with a $1,542/mo payment. Total monthly income totals $2,863/mo, and annual cash flow totals $5,778/yr on $104,423 capital. ROI tracks 25.44% on current figures, and rental yield reads 10.91% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 134.32% and total cumulative return in cash sums $140,261. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,863/mo property income instead of your personal income.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood data shown for ZIP Code: 02919, Johnston, RI area.
| 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 |
Residential
12,608
Single Family
11,503
Multi-Family
1,105
Businesses
1,373
Date | Event | Price |
|---|---|---|
| 2025-08-27 | Sold | $315,000 |
| 2025-07-22 | Pending sale | $305,000 |
| 2025-07-15 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $3713.00 | 1.45% | $242,700 | 54.10% |
| 2023-10-15 | $3660.00 | N/A | $157,500 | N/A |
| 2022-10-15 | $3660.00 | N/A | $157,500 | N/A |



Listed by: Melanie StFranc • eXp Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1384026
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.