32 Sherwood LnBarringtonRI02806
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 Barrington at 32 Sherwood Ln, Barrington, RI, 02806 offers a 8.01% rental yield on a $615,000 purchase with $4,105/mo rent. Total monthly income registers $4,105/mo, and a $3,010/mo payment leaves $91/mo available for distribution. Annual cash flow reaches $1,086/yr on $202,335 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $3,969/yr while 5% annual appreciation supports $169,913 over five years. Portfolio math shows five-year ROI at 106.95% and total cumulative return in cash at $216,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,105/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02806, Barrington, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 5,332 (83.8%) |
| Renter Occupied HU | 714 (11.2%) |
| Vacant Housing Units | 319 ( 5.0%) |
| Median Home Value | $639,942 |
| Average Home Value | $754,675 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,462
Multi-Family
91
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlotte Cirillo • Keller Williams Coastal
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383060
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.