3 Knowlton CtBristolRI02809
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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
Investment Highlights
Investment property for sale in Bristol at 3 Knowlton Ct, Bristol, RI, 02809 with 5% annual appreciation on a $1,670,000 basis while $7,028/mo rent supports operations. 78% in year one. Equity gained on principal adds $10,776/yr, and five-year appreciation sums $461,390 alongside rental yield of 5.05%. Five-year ROI measures 59.6% and total cumulative return in cash totals $322,508. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,028/mo property income versus a $8,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02809, Bristol, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,670 (100%) |
| Owner Occupied HU | 5,967 (61.7%) |
| Renter Occupied HU | 2,840 (29.4%) |
| Vacant Housing Units | 863 ( 8.9%) |
| Median Home Value | $507,237 |
| Average Home Value | $586,507 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
8,211
Multi-Family
593
Businesses
778
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Listed by: Dina Karousos/Nicole Lucenti Team • Serhant New England
Mls Name: StateWide MLS RI
Mls ID: #1402743