20 N Christopher AveTivertonRI02878
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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 Tiverton at 20 N Christopher Ave, Tiverton, RI, 02878 earns $67/mo cash flow from $5,290/mo rent with a $3,916/mo payment. Total monthly income totals $5,290/mo, and annual cash flow totals $808/yr on $263,200 capital. ROI tracks 20.37% on current figures, and rental yield reads 7.94% at a $800,000 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 105.72% and total cumulative return in cash sums $278,252. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,290/mo property income instead of your personal income.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
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Listed by: Christy Querceto • The Q Group Realty
Mls Name: StateWide MLS RI
Mls ID: #1402631