22 Ruth StPawtucketRI02861
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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 Pawtucket at 22 Ruth St, Pawtucket, RI, 02861 earns $422/mo cash flow from $3,157/mo rent with a $2,051/mo payment. Total monthly income totals $3,157/mo, and annual cash flow totals $5,060/yr on $138,899 capital. ROI tracks 23.55% on current figures, and rental yield reads 9.04% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash sums $170,597. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,157/mo property income instead of your personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02861, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,189 (100%) |
| Owner Occupied HU | 7,318 (60.0%) |
| Renter Occupied HU | 4,287 (35.2%) |
| Vacant Housing Units | 584 ( 4.8%) |
| Median Home Value | $339,560 |
| Average Home Value | $388,596 |
Housing Distribution
Address Breakdown
Residential
11,285
Single Family
10,467
Multi-Family
818
Businesses
652
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Listed by: Annmarie Debrito • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls ID: #1397729