359 Williston WayPawtucketRI02861
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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 Pawtucket at 359 Williston Way, Pawtucket, RI, 02861 with 5% annual appreciation on a $500,000 basis while $2,950/mo rent supports operations. 64% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 7.08%. Five-year ROI measures 91.12% and total cumulative return in cash totals $151,028. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,950/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1949
6,573 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: Leading Group • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1402588