30 Stone Ridge DrEast GreenwichRI02818
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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
Rental property for sale in East Greenwich at 30 Stone Ridge Dr, East Greenwich, RI, 02818 priced at $899,000 pairs $5,278/mo rent with after a $4,400/mo payment. Total monthly income equals $5,278/mo. Return on cash invested is 17.67% in year one, and rental yield stands at 7.05% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 91.23% and total cumulative return in cash reaches $269,818. For financing, Ziffy Mortgage’s DSCR program evaluates $5,278/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
1.17 Acres 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
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Listed by: Dean Benjamin • RE/MAX Professionals
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1389481
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.