22 Liberty LnGlocesterRI02857
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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 Glocester at 22 Liberty Ln, Glocester, RI, 02857 offers $3,073/mo rent that, after a $1,468/mo payment, leaves $1,115/mo cash flow. Total monthly income is $3,073/mo, and annual cash flow is $13,382/yr on $99,417 cash. Return on cash invested measures 33.37% in year one, and rental yield stands at 12.3% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 175.51% and total cumulative return in cash reaches $174,484. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,073/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02857, North Scituate, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,639 (100%) |
| Owner Occupied HU | 3,040 (83.5%) |
| Renter Occupied HU | 445 (12.2%) |
| Vacant Housing Units | 154 ( 4.2%) |
| Median Home Value | $479,748 |
| Average Home Value | $533,428 |
Housing Distribution
Address Breakdown
Residential
3,318
Single Family
3,258
Multi-Family
60
Businesses
253
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Listed by: Anthony Barbieri • Great Move Realty
Mls Name: StateWide MLS RI
Mls ID: #1391307