39 Hilton StTivertonRI02878
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tiverton at 39 Hilton St, Tiverton, RI, 02878 offers $2,844/mo rent that, after a $1,468/mo payment, leaves $886/mo cash flow. Total monthly income is $2,844/mo, and annual cash flow is $10,634/yr on $99,417 cash. Return on cash invested measures 30.61% in year one, and rental yield stands at 11.38% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 160.7% and total cumulative return in cash reaches $159,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,844/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,277 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: W. George Buteau • Engel & Volkers Oceanside
Mls Name: StateWide MLS RI
Mls ID: #1398148