42 Main RdTivertonRI02878
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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 Tiverton at 42 Main Rd, Tiverton, RI, 02878 with 5% annual appreciation on a $1,200,000 basis while $3,402/mo rent supports operations. 69% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 3.4%. Five-year ROI measures 32.33% and total cumulative return in cash totals $125,687. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,402/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
0.60 Acres 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
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Listed by: Gabriel Harstad • Divine Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1393203