3 Juniper Ln, Smithfield, RI, 02828 | $207/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3 Juniper Ln, Smithfield, RI, 02828 | $207/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Smithfield at 3 Juniper Ln, Smithfield, RI, 02828 offers $3,732/mo rent that, after a $2,643/mo payment, leaves $207/mo cash flow. Total monthly income is $3,732/mo, and annual cash flow is $2,484/yr on $177,660 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 8.29% at a $540,000 entry. Equity gained on principal adds $3,485/yr while 5% annual appreciation compounds into $149,192 by year five. Five-year ROI records 111.56% and total cumulative return in cash reaches $198,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,732/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1962

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on a quiet street in desirable Greenville, this charming Cape Cod-style home offers endless potential and a wonderful opportunity to make it your own. Lovingly cared for by the same family for over 60 years, the property features 3 bedrooms and 2 full baths, including a convenient first-floor primary bedroom and two spacious bedrooms on the second level. The full finished basement provides additional living or storage space, perfect for a playroom, home office, or family room. Sitting on a beautiful, flat .30-acre lot, this home is ideal for those seeking a solid foundation to update and personalize. An estate sale being sold as is, this classic Greenville gem is ready to welcome its next chapter and new owners.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02828, Greenville, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,855 (100%)
Owner Occupied HU	2,381 (83.4%)
Renter Occupied HU	378 (13.2%)
Vacant Housing Units	96 ( 3.4%)
Median Home Value	$470,477
Average Home Value	$518,163