202 Explorer Dr NSaunderstownRI02874
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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 Saunderstown at 202 Explorer Dr N, Saunderstown, RI, 02874 projects strong ROI of 4.61%. Rental yield 2.73%. With 5% annual appreciation, the property builds $580,053 in value over five years. Equity growth combined delivers a projected five-year ROI of 21.14%, translating into $143,818 in total cumulative return on $680,238 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2025
5.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02874, Saunderstown, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,414 (100%) |
| Owner Occupied HU | 1,907 (79.0%) |
| Renter Occupied HU | 271 (11.2%) |
| Vacant Housing Units | 236 ( 9.8%) |
| Median Home Value | $652,843 |
| Average Home Value | $725,960 |
Housing Distribution
Address Breakdown
Residential
2,427
Single Family
2,427
Multi-Family
0
Businesses
88
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Listed by: Maura Sayre • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1392060
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.