30 Carol DrHope ValleyRI02832
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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 Hope Valley at 30 Carol Dr, Hope Valley, RI, 02832 listed at $479,000 pairs $3,724/mo rent with a $2,344/mo payment to leave $598/mo cash flow. Total monthly income runs $3,724/mo, and annual cash flow reaches $7,172/yr on $158,789 cash to close. Return on cash invested measures 24.43% in year one, and rental yield registers 9.33% at a $479,000 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 127.5% and total cumulative return in cash totals $202,455. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,724/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02832, Hope Valley, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,568 (76.1%) |
| Renter Occupied HU | 339 (16.5%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $479,849 |
| Average Home Value | $511,724 |
Housing Distribution
Address Breakdown
Residential
1,782
Single Family
1,645
Multi-Family
137
Businesses
102
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Listed by: Andrew Hillman • Hillman Real Estate
Mls Name: MLS PIN
Mls ID: #73465546