239 Old North RdKingstonRI02881
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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 Kingston at 239 Old North Rd, Kingston, RI, 02881 priced at $777,900 pairs $4,136/mo rent with after a $3,807/mo payment. Total monthly income equals $4,136/mo. Return on cash invested is 15.65% in year one, and rental yield stands at 6.38% on a $777,900 basis. Equity gained on principal adds $5,020/yr, and 5% annual appreciation accumulates to $214,919 by year five. Five-year ROI measures 80.4% and total cumulative return in cash reaches $205,769. For financing, Ziffy Mortgage’s DSCR program evaluates $4,136/mo property income against a $3,807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02881, Kingston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,021 (100%) |
| Owner Occupied HU | 655 (64.2%) |
| Renter Occupied HU | 254 (24.9%) |
| Vacant Housing Units | 112 (11.0%) |
| Median Home Value | $493,554 |
| Average Home Value | $621,424 |
Housing Distribution
Address Breakdown
Residential
1,024
Single Family
1,010
Multi-Family
14
Businesses
99
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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