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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 Richmond at 2 Jupiter Ln UNIT A, Richmond, RI, 02898 earns $556/mo cash flow from $3,146/mo rent with a $1,738/mo payment. Total monthly income totals $3,146/mo, and annual cash flow totals $6,674/yr on $117,683 capital. ROI tracks 25.58% on current figures, and rental yield reads 10.63% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 134.73% and total cumulative return in cash sums $158,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,146/mo property income instead of your personal income.
Condo
Built in 2018
12.41 Acres lot
$N/A/sqft
$272 monthly HOA
Neighborhood data shown for ZIP Code: 02898, Wyoming, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 757 (100%) |
| Owner Occupied HU | 648 (85.6%) |
| Renter Occupied HU | 56 ( 7.4%) |
| Vacant Housing Units | 53 ( 7.0%) |
| Median Home Value | $460,515 |
| Average Home Value | $476,169 |
Residential
761
Single Family
761
Multi-Family
0
Businesses
115
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Sold | $355,000 |
| 2025-06-10 | Pending sale | $349,900 |
| 2025-06-05 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $3782.00 | -0.60% | $257,800 | N/A |
| 2023-10-13 | $3805.00 | -11.20% | $257,800 | 23.82% |
| 2022-10-13 | $4285.00 | -0.19% | $208,200 | N/A |
Listed by: Hanne LeBlanc • Keller Williams Coastal
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1386889
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.
