2 School St #108, Lincoln, RI, 02865 | $222/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lincoln at 2 School St #108, Lincoln, RI, 02865 earns $222/mo cash flow from $2,899/mo rent with a $2,007/mo payment. Total monthly income totals $2,899/mo, and annual cash flow totals $2,668/yr on $135,915 capital. ROI tracks 21.87% on current figures, and rental yield reads 8.48% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 113.82% and total cumulative return in cash sums $154,703. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,899/mo property income instead of your personal income.

Condo

Built in 1995

N/A lot

$N/A/sqft

No HOA