26 Chardon DrPortsmouthRI02871
Nearby investment properties with comparable rents
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 Portsmouth at 26 Chardon Dr, Portsmouth, RI, 02871 earns $714/mo cash flow from $3,840/mo rent with a $2,344/mo payment. Total monthly income totals $3,840/mo, and annual cash flow totals $8,564/yr on $158,789 capital. ROI tracks 25.3% on current figures, and rental yield reads 9.62% at a $479,000 purchase. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash sums $209,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02871, Portsmouth, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,329 (100%) |
| Owner Occupied HU | 5,674 (68.1%) |
| Renter Occupied HU | 1,526 (18.3%) |
| Vacant Housing Units | 1,129 (13.6%) |
| Median Home Value | $652,796 |
| Average Home Value | $746,528 |
Housing Distribution
Address Breakdown
Residential
7,920
Single Family
7,619
Multi-Family
301
Businesses
575
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Listed by: Jessica Chase • Gustave White Sotheby's Realty
Mls Name: StateWide MLS RI
Mls ID: #1401075