285 Riverside DrTivertonRI02878
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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 Tiverton at 285 Riverside Dr, Tiverton, RI, 02878 at $699,900 posts ROI 15.51% with from $3,696/mo rent. Total monthly income equals $3,696/mo. Return on cash invested measures 15.51% and rental yield reads 6.34% at the current $699,900. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 by year five. Five-year ROI prints 79.66% and total cumulative return in cash totals $183,428. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,696/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1889
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
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Listed by: Matthew Daylor • Keller Williams South Watuppa
Mls Name: StateWide MLS RI
Mls ID: #1394246