165 Newport Harbor DrPortsmouthRI02871
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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
Total monthly income runs $3,840/mo, and a $8,198/mo payment. Purchase price stands at $1,675,000, and rental yield measures 2.75% with $3,840/mo rent. Return on cash invested shows 4.68% in year one, and 5% annual appreciation builds toward $462,772 over five years. Five-year ROI reaches 21.56% and total cumulative return in cash records $116,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $8,198/mo payment rather than investor’s personal income.
Single Family
Built in 2016
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02871, Portsmouth, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,329 (100%) |
| Owner Occupied HU | 5,674 (68.1%) |
| Renter Occupied HU | 1,526 (18.3%) |
| Vacant Housing Units | 1,129 (13.6%) |
| Median Home Value | $652,796 |
| Average Home Value | $746,528 |
Housing Distribution
Address Breakdown
Residential
7,920
Single Family
7,619
Multi-Family
301
Businesses
575
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Listed by: Michelle Aumann • Vanderbilt International Prop.
Mls Name: StateWide MLS RI
Mls ID: #1391118