320 Church StPascoagRI02859
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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 Pascoag at 320 Church St, Pascoag, RI, 02859 priced at $500,000 pairs $3,142/mo rent with after a $2,447/mo payment. Total monthly income equals $3,142/mo. Return on cash invested is 19.03% in year one, and rental yield stands at 7.54% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 98.58% and total cumulative return in cash reaches $163,400. For financing, Ziffy Mortgage’s DSCR program evaluates $3,142/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1934
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02859, Pascoag, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 1,997 (70.2%) |
| Renter Occupied HU | 623 (21.9%) |
| Vacant Housing Units | 226 ( 7.9%) |
| Median Home Value | $489,981 |
| Average Home Value | $573,956 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,566
Multi-Family
98
Businesses
117
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Listed by: Christopher Collette • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls ID: #1385861