19 Oakhurst DrSmithfieldRI02828
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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 Smithfield at 19 Oakhurst Dr, Smithfield, RI, 02828 with 5% annual appreciation on a $775,000 basis while $5,480/mo rent supports operations. Total monthly income totals $5,480/mo and a $3,793/mo payment preserves $421/mo for cash returns. Annual cash flow comes to $5,054/yr on $254,975 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $5,001/yr, and five-year appreciation sums $214,118 alongside rental yield of 8.49%. Five-year ROI measures 114.71% and total cumulative return in cash totals $292,471.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,480/mo property income versus a $3,793/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02828, Greenville, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,381 (83.4%) |
| Renter Occupied HU | 378 (13.2%) |
| Vacant Housing Units | 96 ( 3.4%) |
| Median Home Value | $470,477 |
| Average Home Value | $518,163 |
Housing Distribution
Address Breakdown
Residential
3,087
Single Family
2,651
Multi-Family
436
Businesses
340
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Listed by: Denise Mancini • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls ID: #1390746