161 Graniteville RdBurrillvilleRI02830
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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 Burrillville at 161 Graniteville Rd, Burrillville, RI, 02830 offers $2,956/mo rent that, after a $2,002/mo payment, leaves $286/mo cash flow. Total monthly income is $2,956/mo, and annual cash flow is $3,432/yr on $135,584 cash. Return on cash invested measures 22.44% in year one, and rental yield stands at 8.67% at a $409,000 entry. Equity gained on principal adds $2,639/yr while 5% annual appreciation compounds into $112,999 by year five. Five-year ROI records 116.84% and total cumulative return in cash reaches $158,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,956/mo property income versus a $2,002/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02830, Harrisville, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 2,052 (73.7%) |
| Renter Occupied HU | 598 (21.5%) |
| Vacant Housing Units | 135 ( 4.8%) |
| Median Home Value | $458,240 |
| Average Home Value | $483,901 |
Housing Distribution
Address Breakdown
Residential
2,658
Single Family
2,591
Multi-Family
67
Businesses
118
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Listed by: Gary Balletto • Balletto Realty
Mls Name: StateWide MLS RI
Mls ID: #1389528