1874 Main RdTivertonRI02878
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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 Tiverton at 1874 Main Rd, Tiverton, RI, 02878 earns from $5,699/mo rent with a $7,777/mo payment. Total monthly income totals $5,699/mo. ROI tracks 9.48% on current figures, and rental yield reads 4.3% at a $1,589,000 purchase. Equity gained on principal adds $10,254/yr, and 5% annual appreciation supports $439,011 over five years. Five-year ROI reaches 47.26% and total cumulative return in cash sums $243,294. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,699/mo property income instead of your personal income.
Single Family
Built in 1880
0.46 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
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Listed by: Kyle Costa • Bay Shores Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1388717