35 Wintergreen WayGlocesterRI02814
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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
Investment property for sale in Glocester at 35 Wintergreen Way, Glocester, RI, 02814 listed at $1,161,000 pairs $2,280/mo rent with a $5,683/mo payment. Total monthly income runs $2,280/mo. Return on cash invested measures 3.46% in year one, and rental yield registers 2.36% at a $1,161,000 basis. Equity gained on principal adds $7,492/yr, and annual property appreciation at 5% supports $320,763 by year five. Five-year ROI tracks 15.01% and total cumulative return in cash totals $56,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $5,683/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.00 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,889
Single Family
2,881
Multi-Family
8
Businesses
163
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Listed by: Frank Simonelli • Frank Simonelli Properties
Mls Name: StateWide MLS RI
Mls ID: #1395901