33 Slavin Path, Glocester, RI, 02814 | 6.1% Rental Yield

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33 Slavin Path, Glocester, RI, 02814 | 6.1% 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 Glocester at 33 Slavin Path, Glocester, RI, 02814 priced at $660,000 pairs $3,353/mo rent with after a $3,230/mo payment. Total monthly income equals $3,353/mo. Return on cash invested is 14.78% in year one, and rental yield stands at 6.1% on a $660,000 basis. Equity gained on principal adds $4,259/yr, and 5% annual appreciation accumulates to $182,346 by year five. Five-year ROI measures 75.76% and total cumulative return in cash reaches $164,505. For financing, Ziffy Mortgage’s DSCR program evaluates $3,353/mo property income against a $3,230/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1978

4.72 Acres lot

$N/A/sqft

No HOA

More details about the property

Experience the perfect blend of privacy, comfort, and New England charm at 33 Slavin Path. Set on nearly five secluded acres just 1.5 miles from downtown historic Chepachet, this beautifully remodeled 3 bed 2 bath home offers a peaceful retreat surrounded by nature. Inside, light natural hardwood floors and expansive picture windows fill the home with natural light, while a cozy brick fireplace anchors the living space with warmth and character. The open-concept living and dining areas flow seamlessly, ideal for entertaining or relaxed everyday living. The primary bedroom features a private ensuite, creating a serene retreat within the home. The stunning kitchen takes center stage with an elegant design featuring quartz countertops, a large island, modern cabinetry, and a custom wooden range hood. Step onto the expansive deck to enjoy serene woodland views and sunrises over your private retreat. Outdoor enthusiasts will appreciate the walking and dirt bike trails winding through the property, while the two-car garage provides convenience and storage. With thoughtful updates, timeless design, and a tranquil setting just minutes from local shops, cafs, and restaurants, this home offers a rare opportunity to experience modern living in perfect harmony with nature.

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