18 School LnBarringtonRI02806
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 Barrington at 18 School Ln, Barrington, RI, 02806 generates $3,673/mo in rent, after a $3,426/mo payment. Total monthly income is $3,673/mo. Return on cash invested sits at 15.39% in year one, and rental yield is 6.3% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 79.03% and total cumulative return in cash sums $181,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,673/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
4,586 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02806, Barrington, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 5,332 (83.8%) |
| Renter Occupied HU | 714 (11.2%) |
| Vacant Housing Units | 319 ( 5.0%) |
| Median Home Value | $639,942 |
| Average Home Value | $754,675 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,462
Multi-Family
91
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Greene • The Greene Realty Group
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1382042
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.