41 Perry AveMiddletownRI02842
Nearby investment properties with comparable rents
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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 41 Perry Ave, Middletown, RI, 02842 at $970,100 posts ROI 8.12% with from $3,156/mo rent. Total monthly income equals $3,156/mo. Return on cash invested measures 8.12% and rental yield reads 3.9% at the current $970,100. Equity gained on principal adds $6,260/yr, and 5% annual appreciation supports $268,021 by year five. Five-year ROI prints 40.02% and total cumulative return in cash totals $127,740. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,156/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Apartment
Built in 1954
6,969 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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