3 Victory Falls RdCoventryRI02827
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3 Victory Falls Rd, Coventry, RI, 02827 in Coventry. Rental yield 0%. At $595,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $164,388 in new equity by year five, complemented by $5,480/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $1,250 |
City averages based on Coventry market data in our database. Property projections are estimates.
Single Family
Built in 2020
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02827, Greene, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 953 (100%) |
| Owner Occupied HU | 853 (89.5%) |
| Renter Occupied HU | 65 ( 6.8%) |
| Vacant Housing Units | 35 ( 3.7%) |
| Median Home Value | $461,478 |
| Average Home Value | $502,192 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2020
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02827, Greene, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 953 (100%) |
| Owner Occupied HU | 853 (89.5%) |
| Renter Occupied HU | 65 ( 6.8%) |
| Vacant Housing Units | 35 ( 3.7%) |
| Median Home Value | $461,478 |
| Average Home Value | $502,192 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kelli Improta • RI Real Estate Services
Mls Name: StateWide MLS RI
Mls ID: #1394254