22 Dante AveJohnstonRI02919
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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 Johnston at 22 Dante Ave, Johnston, RI, 02919 offers $2,742/mo rent that, after a $2,083/mo payment. Total monthly income is $2,742/mo. Return on cash invested measures 19.6% in year one, and rental yield stands at 7.73% at a $425,600 entry. Equity gained on principal adds $2,746/yr while 5% annual appreciation compounds into $117,585 by year five. Five-year ROI records 101.63% and total cumulative return in cash reaches $143,389. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,742/mo property income versus a $2,083/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7,405 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02919, Johnston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,630 (100%) |
| Owner Occupied HU | 8,689 (68.8%) |
| Renter Occupied HU | 3,472 (27.5%) |
| Vacant Housing Units | 469 ( 3.7%) |
| Median Home Value | $408,882 |
| Average Home Value | $428,372 |
Housing Distribution
Address Breakdown
Residential
12,608
Single Family
11,503
Multi-Family
1,105
Businesses
1,373
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Listed by: N/A • N/A
Mls Name: HomeSmart
Mls Provider:
Mls ID: #1385602