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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in North Kingstown at 19 Caddy Rock Rd APT D, North Kingstown, RI, 02852 at $379,900 posts ROI 19.48% with from $2,760/mo rent. Total monthly income equals $2,760/mo. Return on cash invested measures 19.48% and rental yield reads 8.72% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 102.15% and total cumulative return in cash totals $128,645. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1985
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood data shown for ZIP Code: 02852, North Kingstown, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,093 (100%) |
| Owner Occupied HU | 7,548 (68.0%) |
| Renter Occupied HU | 2,765 (24.9%) |
| Vacant Housing Units | 780 ( 7.0%) |
| Median Home Value | $574,339 |
| Average Home Value | $634,649 |
Residential
10,489
Single Family
9,680
Multi-Family
809
Businesses
1,106
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $379,900 |
| 2022-06-15 | Sold | $305,000 |
| 2022-04-27 | Pending sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $3522.00 | 2.00% | $245,600 | N/A |
| 2022-10-14 | $3453.00 | 4.73% | $245,600 | 30.36% |
| 2021-10-14 | $3297.00 | 2.39% | $188,400 | N/A |
Listed by: The Modern Collective Group • Compass
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1369986
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 2024 State-Wide MLS, Inc. All rights reserved.
