273 Alton Bradford RdBradfordRI02808
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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 Bradford at 273 Alton Bradford Rd, Bradford, RI, 02808 priced at $399,900 converts $3,388/mo rent into $778/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,388/mo, and annual cash flow totals $9,334/yr on $132,567 invested. Return on cash invested prints 26.95% in year one, and rental yield reads 10.17% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 141.04% and total cumulative return in cash sums $186,968. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,388/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02808, Bradford, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 637 (73.6%) |
| Renter Occupied HU | 179 (20.7%) |
| Vacant Housing Units | 50 ( 5.8%) |
| Median Home Value | $412,171 |
| Average Home Value | $567,139 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
43
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11335160