30 Tarklin Rd, Chepachet, RI, 02814 | 4.57% Rental Yield

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30 Tarklin Rd, Chepachet, RI, 02814 | 4.57% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chepachet at 30 Tarklin Rd, Chepachet, RI, 02814 priced at $599,000 pairs $2,280/mo rent with after a $2,932/mo payment. Total monthly income equals $2,280/mo. Return on cash invested is 10.13% in year one, and rental yield stands at 4.57% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 50.83% and total cumulative return in cash reaches $100,174. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2005

2.43 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in a serene, wooded setting overlooking a tranquil pond, this property offers a rare opportunity to create your dream home in an unbeatable location. The residence features hardwood floors, a spacious primary suite with a private bath and laundry, and an attached two-car garage. The second floor is already framed, insulated, and includes rough plumbing and electrical the perfect blank canvas for a buyer to finish to their taste, complete with a roughed-in bathroom. A three-bedroom septic system provides flexibility for expansion. Surrounded by nature and offering unmatched privacy, this home makes you feel far removed from the world, yet is conveniently close to shopping, dining, and all local amenities. With some vision and updates, it can truly become a special place to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02814, Chepachet, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,341 (100%)
Owner Occupied HU	2,698 (80.8%)
Renter Occupied HU	376 (11.3%)
Vacant Housing Units	267 ( 8.0%)
Median Home Value	$468,016
Average Home Value	$500,838