20 Saw Mill Dr #306North KingstownRI02852
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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 North Kingstown at 20 Saw Mill Dr #306, North Kingstown, RI, 02852 earns $501/mo cash flow from $3,014/mo rent with a $1,884/mo payment. Total monthly income totals $3,014/mo, and annual cash flow totals $6,014/yr on $127,628 capital. ROI tracks 24.62% on current figures, and rental yield reads 9.39% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 128.59% and total cumulative return in cash sums $164,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,014/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02852, North Kingstown, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,093 (100%) |
| Owner Occupied HU | 7,548 (68.0%) |
| Renter Occupied HU | 2,765 (24.9%) |
| Vacant Housing Units | 780 ( 7.0%) |
| Median Home Value | $574,339 |
| Average Home Value | $634,649 |
Housing Distribution
Address Breakdown
Residential
10,489
Single Family
9,680
Multi-Family
809
Businesses
1,106
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Listed by: Kevin Sokolowski • HERE Realty
Mls Name: StateWide MLS RI
Mls ID: #1403016