39 Walcott AveJamestownRI02835
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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 Jamestown at 39 Walcott Ave, Jamestown, RI, 02835 projects strong ROI of 0.94%. Rental yield 1.54%. With 5% annual appreciation, the property builds $1,352,398 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.45%, translating into $23,068 in total cumulative return on $1,585,980 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1880
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02835, Jamestown, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,111 (100%) |
| Owner Occupied HU | 2,021 (65.0%) |
| Renter Occupied HU | 424 (13.6%) |
| Vacant Housing Units | 666 (21.4%) |
| Median Home Value | $855,867 |
| Average Home Value | $1,041,232 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,843
Multi-Family
114
Businesses
223
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Listed by: Dianne Grippi • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1399629