245-83 Manton StPawtucketRI02861
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Nearby investment properties with comparable prices
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 245-83 Manton St, Pawtucket, RI, 02861 earns $190/mo cash flow from $1,332/mo rent with a $856/mo payment. Total monthly income totals $1,332/mo, and annual cash flow totals $2,284/yr on $57,979 capital. ROI tracks 23.85% on current figures, and rental yield reads 9.14% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash sums $72,180. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,332/mo property income instead of your personal income.
Manufactured
Built in 1985
N/A 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: Craig Luchon • Keller Williams Leading Edge
Mls Name: StateWide MLS RI
Mls ID: #1395595