170 Saxony AveTivertonRI02878
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
Rental property for sale in Tiverton at 170 Saxony Ave, Tiverton, RI, 02878 priced at $1,447,500 converts $5,779/mo rent into after a $7,085/mo obligation. Total monthly income equals $5,779/mo. Return on cash invested prints 10.98% in year one, and rental yield reads 4.79% against a $1,447,500 entry. Equity gained on principal adds $9,340/yr, while 5% annual appreciation compiles into $399,918 by year five. Five-year ROI reaches 55.31% and total cumulative return in cash sums $259,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,779/mo property income covering a $7,085/mo payment, not borrower’s personal income.
Single Family
Built in 2002
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A