39 Webster St UNIT 204PawtucketRI02860
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 Pawtucket at 39 Webster St UNIT 204, Pawtucket, RI, 02860 generates $1,922/mo in rent and, after a $1,263/mo payment, leaves $238/mo in cash flow. Total monthly income is $1,922/mo, and annual cash flow is $2,851/yr on $85,527 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 8.94% on a $258,000 entry. Equity gained on principal adds $1,665/yr, while 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 121.18% and total cumulative return in cash sums $103,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,922/mo property income rather than buyer’s personal income.
Condo
Built in 1900
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alpha Lefrancois • TMarra Realty LLC
Mls Name: StateWide MLS RI
Mls ID: #1397553