211 Tiogue AveCoventryRI02816
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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 Coventry at 211 Tiogue Ave, Coventry, RI, 02816 priced at $335,000 pairs $3,832/mo rent with $1,645/mo cash flow after a $1,640/mo payment. Total monthly income equals $3,832/mo, and annual cash flow comes to $19,738/yr on $111,053 invested. Return on cash invested is 37.68% in year one, and rental yield stands at 13.73% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 198.59% and total cumulative return in cash reaches $220,544. For financing, Ziffy Mortgage’s DSCR program evaluates $3,832/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02816, Coventry, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,263 (100%) |
| Owner Occupied HU | 10,866 (76.2%) |
| Renter Occupied HU | 2,751 (19.3%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $386,005 |
| Average Home Value | $401,695 |
Housing Distribution
Address Breakdown
Residential
13,809
Single Family
11,932
Multi-Family
1,877
Businesses
781
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Listed by: Dee Webster • Lamacchia Realty, Inc
Mls Name: StateWide MLS RI
Mls ID: #1395161