163 Chadsey Rd #2North KingstownRI02852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Kingstown at 163 Chadsey Rd #2, North Kingstown, RI, 02852 earns $536/mo cash flow from $2,568/mo rent with a $1,370/mo payment. Total monthly income totals $2,568/mo, and annual cash flow totals $6,428/yr on $92,817 capital. ROI tracks 26.83% on current figures, and rental yield reads 11.01% at a $279,990 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,356 over five years. Five-year ROI reaches 141.39% and total cumulative return in cash sums $131,238. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,568/mo property income instead of your personal income.
Townhouse
Built in 1970
N/A lot
$N/A/sqft
$205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02852, North Kingstown, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,093 (100%) |
| Owner Occupied HU | 7,548 (68.0%) |
| Renter Occupied HU | 2,765 (24.9%) |
| Vacant Housing Units | 780 ( 7.0%) |
| Median Home Value | $574,339 |
| Average Home Value | $634,649 |
Housing Distribution
Address Breakdown
Residential
10,489
Single Family
9,680
Multi-Family
809
Businesses
1,106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Ribeiro • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1378301
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.