32 Burgess RdFosterRI02825
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
Rental property for sale in Foster at 32 Burgess Rd, Foster, RI, 02825 offers $3,859/mo rent that, after a $2,462/mo payment, leaves $552/mo cash flow. Total monthly income is $3,859/mo, and annual cash flow is $6,629/yr on $165,487 cash. Return on cash invested measures 24.07% in year one, and rental yield stands at 9.21% at a $503,000 entry. Equity gained on principal adds $3,246/yr while 5% annual appreciation compounds into $138,970 by year five. Five-year ROI records 125.62% and total cumulative return in cash reaches $207,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,859/mo property income versus a $2,462/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02825, Foster, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,820 (87.1%) |
| Renter Occupied HU | 180 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.3%) |
| Median Home Value | $480,296 |
| Average Home Value | $519,391 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
2,076
Multi-Family
0
Businesses
85
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Listed by: Christopher Torrez • RE/MAX ONE
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1382915
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.