17 Shore RdBristolRI02809
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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 Bristol at 17 Shore Rd, Bristol, RI, 02809 offers $4,920/mo rent that, after a $8,296/mo payment. Total monthly income is $4,920/mo. Return on cash invested measures 6.94% in year one, and rental yield stands at 3.48% at a $1,695,000 entry. Equity gained on principal adds $10,938/yr while 5% annual appreciation compounds into $468,297 by year five. Five-year ROI records 33.67% and total cumulative return in cash reaches $184,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,920/mo property income versus a $8,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02809, Bristol, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,670 (100%) |
| Owner Occupied HU | 5,967 (61.7%) |
| Renter Occupied HU | 2,840 (29.4%) |
| Vacant Housing Units | 863 ( 8.9%) |
| Median Home Value | $507,237 |
| Average Home Value | $586,507 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
8,211
Multi-Family
593
Businesses
778
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Listed by: Cheryl Andreozzi • Mott & Chace Sotheby's Intl.
Mls Name: StateWide MLS RI
Mls ID: #1393894