3 Blackbird StTivertonRI02878
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
Investment property for sale in Tiverton at 3 Blackbird St, Tiverton, RI, 02878 at $325,000 posts ROI 32.24% with $1,107/mo cash flow from $3,229/mo rent. Total monthly income equals $3,229/mo, and annual cash flow records $13,286/yr on $107,738 to close. Return on cash invested measures 32.24% and rental yield reads 11.92% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 169.45% and total cumulative return in cash totals $182,557.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,229/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2003
2,500 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: The Dowd Team • Keller Williams Coastal
Mls Name: StateWide MLS RI
Mls ID: #1400451