3 Wine StEast GreenwichRI02818
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 East Greenwich at 3 Wine St, East Greenwich, RI, 02818 earns from $3,972/mo rent with a $3,287/mo payment. Total monthly income totals $3,972/mo. ROI tracks 17.82% on current figures, and rental yield reads 7.1% at a $671,640 purchase. Equity gained on principal adds $4,334/yr, and 5% annual appreciation supports $185,562 over five years. Five-year ROI reaches 92.06% and total cumulative return in cash sums $203,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,972/mo property income instead of your personal income.
Multi Family
Built in 1800
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02818, East Greenwich, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,918 (100%) |
| Owner Occupied HU | 6,250 (70.1%) |
| Renter Occupied HU | 2,154 (24.2%) |
| Vacant Housing Units | 514 ( 5.8%) |
| Median Home Value | $616,971 |
| Average Home Value | $661,269 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
7,838
Multi-Family
752
Businesses
1,092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Clare • RI Real Estate Services
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1384833
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.