36 Highland AveBarringtonRI02806
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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 Barrington at 36 Highland Ave, Barrington, RI, 02806 generates $2,387/mo in rent, after a $2,959/mo payment. Total monthly income is $2,387/mo. Return on cash invested sits at 10.65% in year one, and rental yield is 4.74% on a $604,505 entry. Equity gained on principal adds $3,901/yr, while 5% annual appreciation builds toward $167,014 over five years. Five-year ROI reaches 53.62% and total cumulative return in cash sums $106,642. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,387/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02806, Barrington, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 5,332 (83.8%) |
| Renter Occupied HU | 714 (11.2%) |
| Vacant Housing Units | 319 ( 5.0%) |
| Median Home Value | $639,942 |
| Average Home Value | $754,675 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,462
Multi-Family
91
Businesses
440
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Listed by: Susan Kostas • Mott & Chace Sotheby's Intl.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1385127
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.