31 Alfa DrPawtucketRI02860
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 Pawtucket at 31 Alfa Dr, Pawtucket, RI, 02860 at $105,000 posts ROI 24.51% with $134/mo cash flow from $819/mo rent. Total monthly income equals $819/mo, and annual cash flow records $1,602/yr on $34,808 to close. Return on cash invested measures 24.51% and rental yield reads 9.36% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 128.05% and total cumulative return in cash totals $44,570.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $819/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
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Listed by: Slocum Home Team • eXp Realty
Mls Name: StateWide MLS RI
Mls ID: #1395478