26 Conch RdNarragansettRI02882
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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 Narragansett at 26 Conch Rd, Narragansett, RI, 02882 at $1,265,400 posts ROI 7.98% with from $4,028/mo rent. Total monthly income equals $4,028/mo. Return on cash invested measures 7.98% and rental yield reads 3.82% at the current $1,265,400. Equity gained on principal adds $8,165/yr, and 5% annual appreciation supports $349,607 by year five. Five-year ROI prints 39.24% and total cumulative return in cash totals $160,884. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,028/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02882, Narragansett, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,318 (100%) |
| Owner Occupied HU | 4,266 (45.8%) |
| Renter Occupied HU | 1,731 (18.6%) |
| Vacant Housing Units | 3,321 (35.6%) |
| Median Home Value | $784,869 |
| Average Home Value | $933,584 |
Housing Distribution
Address Breakdown
Residential
7,443
Single Family
7,228
Multi-Family
215
Businesses
466
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A