37 Rosedale TerMiddletownRI02842
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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 Middletown at 37 Rosedale Ter, Middletown, RI, 02842 listed at $441,600 pairs $3,380/mo rent with a $2,161/mo payment to leave $498/mo cash flow. Total monthly income runs $3,380/mo, and annual cash flow reaches $5,973/yr on $146,390 cash to close. Return on cash invested measures 23.99% in year one, and rental yield registers 9.18% at a $441,600 basis. Equity gained on principal adds $2,850/yr, and annual property appreciation at 5% supports $122,006 by year five. Five-year ROI tracks 125.16% and total cumulative return in cash totals $183,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,380/mo property income relative to a $2,161/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02842, Middletown, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,042 (100%) |
| Owner Occupied HU | 4,132 (51.4%) |
| Renter Occupied HU | 2,978 (37.0%) |
| Vacant Housing Units | 932 (11.6%) |
| Median Home Value | $602,926 |
| Average Home Value | $695,340 |
Housing Distribution
Address Breakdown
Residential
7,468
Single Family
6,650
Multi-Family
818
Businesses
912
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Listed by: N/A • N/A
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