22 Howard Hill RdFosterRI02825
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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 Foster at 22 Howard Hill Rd, Foster, RI, 02825 uses $115,992 cash to close to unlock $8,469/yr annual cash flow and $706/mo monthly cash flow. Total monthly income runs $3,132/mo, and a $1,713/mo payment keeps the spread at $706/mo. Purchase price stands at $349,900, and rental yield measures 10.74% with $3,132/mo rent. Return on cash invested shows 27.21% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 142.98% and total cumulative return in cash records $165,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,132/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1935
4.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02825, Foster, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,820 (87.1%) |
| Renter Occupied HU | 180 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.3%) |
| Median Home Value | $480,296 |
| Average Home Value | $519,391 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
2,076
Multi-Family
0
Businesses
85
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11323717