3 Sullivan TerBarringtonRI02806
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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 Barrington at 3 Sullivan Ter, Barrington, RI, 02806 with 5% annual appreciation on a $1,120,100 basis while $6,113/mo rent supports operations. 41% in year one. Equity gained on principal adds $7,228/yr, and five-year appreciation sums $309,463 alongside rental yield of 6.55%. Five-year ROI measures 84.42% and total cumulative return in cash totals $306,378. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,113/mo property income versus a $5,482/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02806, Barrington, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 5,332 (83.8%) |
| Renter Occupied HU | 714 (11.2%) |
| Vacant Housing Units | 319 ( 5.0%) |
| Median Home Value | $639,942 |
| Average Home Value | $754,675 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,462
Multi-Family
91
Businesses
440
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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