20 Avery LnPascoagRI02859
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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
Rental property for sale in Pascoag at 20 Avery Ln, Pascoag, RI, 02859 priced at $479,900 converts $2,040/mo rent into after a $2,349/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 11.67% in year one, and rental yield reads 5.1% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 59.1% and total cumulative return in cash sums $94,017. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Condo
Built in 2026
28.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02859, Pascoag, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 1,997 (70.2%) |
| Renter Occupied HU | 623 (21.9%) |
| Vacant Housing Units | 226 ( 7.9%) |
| Median Home Value | $489,981 |
| Average Home Value | $573,956 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,566
Multi-Family
98
Businesses
117
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Listed by: Paul ZARRELLA • Williams & Stuart Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1401619