34 Robert StPawtucketRI02861
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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 Pawtucket at 34 Robert St, Pawtucket, RI, 02861 generates $2,386/mo in rent and, after a $1,786/mo payment, leaves $4/mo in cash flow. Total monthly income is $2,386/mo, and annual cash flow is $46/yr on $120,998 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 7.84% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 103.49% and total cumulative return in cash sums $125,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
4,856 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02861, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,189 (100%) |
| Owner Occupied HU | 7,318 (60.0%) |
| Renter Occupied HU | 4,287 (35.2%) |
| Vacant Housing Units | 584 ( 4.8%) |
| Median Home Value | $339,560 |
| Average Home Value | $388,596 |
Housing Distribution
Address Breakdown
Residential
11,285
Single Family
10,467
Multi-Family
818
Businesses
652
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Listed by: The Realpro Group • REALPRO by The Water
Mls Name: StateWide MLS RI
Mls ID: #1401655