163 West AvePawtucketRI02860
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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
Investment property for sale in Pawtucket at 163 West Ave, Pawtucket, RI, 02860 earns $289/mo cash flow from $3,226/mo rent with a $2,202/mo payment. Total monthly income totals $3,226/mo, and annual cash flow totals $3,470/yr on $149,142 capital. ROI tracks 22.24% on current figures, and rental yield reads 8.6% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 115.79% and total cumulative return in cash sums $172,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,226/mo property income instead of your personal income.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
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Listed by: The Duque Group • Serhant New England
Mls Name: StateWide MLS RI
Mls ID: #1403683