30 Barney StRumfordRI02916
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 Rumford at 30 Barney St, Rumford, RI, 02916 offers a 7.44% rental yield on a $449,900 purchase with $2,791/mo rent. 74% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 97.02% and total cumulative return in cash at $144,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,791/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
5,911 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02916, Rumford, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,061 (100%) |
| Owner Occupied HU | 2,688 (66.2%) |
| Renter Occupied HU | 1,222 (30.1%) |
| Vacant Housing Units | 151 ( 3.7%) |
| Median Home Value | $430,359 |
| Average Home Value | $452,640 |
Housing Distribution
Address Breakdown
Residential
3,918
Single Family
3,305
Multi-Family
613
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ed Kazarian • Patriot Realty, Inc.
Mls Name: StateWide MLS RI
Mls ID: #1388525