225 Hazard RdWest GreenwichRI02817
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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 West Greenwich at 225 Hazard Rd, West Greenwich, RI, 02817 listed at $429,900 pairs $3,390/mo rent with a $2,104/mo payment to leave $584/mo cash flow. Total monthly income runs $3,390/mo, and annual cash flow reaches $7,006/yr on $142,512 cash to close. Return on cash invested measures 24.83% in year one, and rental yield registers 9.46% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 129.64% and total cumulative return in cash totals $184,759. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,390/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
4.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02817, West Greenwich, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,617 (100%) |
| Owner Occupied HU | 2,085 (79.7%) |
| Renter Occupied HU | 435 (16.6%) |
| Vacant Housing Units | 97 ( 3.7%) |
| Median Home Value | $534,980 |
| Average Home Value | $554,369 |
Housing Distribution
Address Breakdown
Residential
2,568
Single Family
2,568
Multi-Family
0
Businesses
123
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Listed by: Jaclyn Manchester • BHHS New England Properties
Mls Name: StateWide MLS RI
Mls ID: #1403001