1840 Old Louisquisset Pike,Lincoln,RI,02865

Investment Highlights

Rental property for sale in Lincoln at 1840 Old Louisquisset Pike, Lincoln, RI, 02865 generates $3,120/mo in rent and, after a $1,713/mo payment, leaves $835/mo in cash flow. Total monthly income is $3,120/mo, and annual cash flow is $10,024/yr on $116,025 invested. Return on cash invested sits at 28.55% in year one, and rental yield is 10.7% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 149.63% and total cumulative return in cash sums $173,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.