279 North RdHopkintonRI02833
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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 Hopkinton at 279 North Rd, Hopkinton, RI, 02833 generates $0/mo in rent, after a $4,160/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.75% in year one, and rental yield is 0% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02833, Hopkinton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 242 (100%) |
| Owner Occupied HU | 166 (68.6%) |
| Renter Occupied HU | 63 (26.0%) |
| Vacant Housing Units | 13 ( 5.4%) |
| Median Home Value | $500,000 |
| Average Home Value | $496,596 |
Housing Distribution
Address Breakdown
Residential
216
Single Family
163
Multi-Family
53
Businesses
21
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Listed by: Greg Broadbent • RE/MAX Coast And Country
Mls Name: StateWide MLS RI
Mls ID: #1395835