208 Marlborough St #4East GreenwichRI02818
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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 East Greenwich at 208 Marlborough St #4, East Greenwich, RI, 02818 offers a 9.57% rental yield on a $449,000 purchase with $3,581/mo rent. Total monthly income registers $3,581/mo, and a $2,198/mo payment leaves $650/mo available for distribution. Annual cash flow reaches $7,796/yr on $148,844 to close, and return on cash invested stands at 25.15% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 131.37% and total cumulative return in cash at $195,532. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,581/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02818, East Greenwich, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,918 (100%) |
| Owner Occupied HU | 6,250 (70.1%) |
| Renter Occupied HU | 2,154 (24.2%) |
| Vacant Housing Units | 514 ( 5.8%) |
| Median Home Value | $616,971 |
| Average Home Value | $661,269 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
7,838
Multi-Family
752
Businesses
1,092
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Listed by: Maria Leroux • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls ID: #1399942