3 Karen Marie DrHarrisvilleRI02830
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 Harrisville at 3 Karen Marie Dr, Harrisville, RI, 02830 earns $267/mo cash flow from $5,000/mo rent with a $3,549/mo payment. Total monthly income totals $5,000/mo, and annual cash flow totals $3,202/yr on $238,525 capital. ROI tracks 21.4% on current figures, and rental yield reads 8.28% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 111.27% and total cumulative return in cash sums $265,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,000/mo property income instead of your personal income.
Single Family
Built in 1988
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02830, Harrisville, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 2,052 (73.7%) |
| Renter Occupied HU | 598 (21.5%) |
| Vacant Housing Units | 135 ( 4.8%) |
| Median Home Value | $458,240 |
| Average Home Value | $483,901 |
Housing Distribution
Address Breakdown
Residential
2,658
Single Family
2,591
Multi-Family
67
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The DiSpirito Team • Engel & Volkers
Mls Name: StateWide MLS RI
Mls ID: #1390488