175 Saint Paul StNorth SmithfieldRI02896
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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 North Smithfield at 175 Saint Paul St, North Smithfield, RI, 02896 with 5% annual appreciation on a $385,000 basis while $3,594/mo rent supports operations. Total monthly income totals $3,594/mo and a $1,884/mo payment preserves $1,081/mo for cash returns. Annual cash flow comes to $12,974/yr on $127,628 deployed, and return on cash invested reaches 30.07% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 11.2%. Five-year ROI measures 157.83% and total cumulative return in cash totals $201,430.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,594/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02896, North Smithfield, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,671 (100%) |
| Owner Occupied HU | 3,460 (74.1%) |
| Renter Occupied HU | 1,036 (22.2%) |
| Vacant Housing Units | 175 ( 3.7%) |
| Median Home Value | $474,343 |
| Average Home Value | $507,164 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,835
Multi-Family
670
Businesses
234
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Listed by: Jennifer Lemme • RE/MAX Town & Country
Mls Name: StateWide MLS RI
Mls ID: #1399784