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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richmond at 3 Box Turtle Trl, Richmond, RI, 02892 offers $3,490/mo rent that, after a $3,646/mo payment. Total monthly income is $3,490/mo. Return on cash invested measures 13.34% in year one, and rental yield stands at 5.62% at a $744,900 entry. Equity gained on principal adds $4,807/yr while 5% annual appreciation compounds into $205,802 by year five. Five-year ROI records 68.03% and total cumulative return in cash reaches $166,728. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,490/mo property income versus a $3,646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02892, West Kingston, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,249 (100%) |
| Owner Occupied HU | 1,842 (81.9%) |
| Renter Occupied HU | 200 ( 8.9%) |
| Vacant Housing Units | 207 ( 9.2%) |
| Median Home Value | $575,284 |
| Average Home Value | $640,771 |
Residential
1,958
Single Family
1,958
Multi-Family
0
Businesses
116
Date | Event | Price |
|---|---|---|
| 2025-01-14 | Listed for sale | $744,900 |
| 2005-05-27 | Sold | $476,500 |
| 1998-12-30 | Sold | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $7910.00 | -0.62% | $539,200 | N/A |
| 2023-01-28 | $7959.00 | -0.71% | $539,200 | 38.43% |
| 2022-01-28 | $8016.00 | -0.19% | $389,500 | N/A |
What's Special
Attic Storage
Listed by: Nicole Duarte • East Bay Real Estate
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1376197
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.
