29 Wiliam AveTivertonRI02878
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
Rental property for sale in Tiverton at 29 Wiliam Ave, Tiverton, RI, 02878 offers $3,600/mo rent that, after a $3,426/mo payment. Total monthly income is $3,600/mo. Return on cash invested measures 15.01% in year one, and rental yield stands at 6.17% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 76.98% and total cumulative return in cash reaches $177,248. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
2,482 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ariadne Davis • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls ID: #1401137