44 Mast StJamestownRI02835
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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
Rental property for sale in Jamestown at 44 Mast St, Jamestown, RI, 02835 offers $8,400/mo rent that, after a $4,821/mo payment, leaves $1,970/mo cash flow. Total monthly income is $8,400/mo, and annual cash flow is $23,642/yr on $324,065 cash. Return on cash invested measures 27.36% in year one, and rental yield stands at 10.23% at a $985,000 entry. Equity gained on principal adds $6,356/yr while 5% annual appreciation compounds into $272,137 by year five. Five-year ROI records 143.19% and total cumulative return in cash reaches $464,038. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,400/mo property income versus a $4,821/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
7,405 sqft 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: Steve Munger • Coldwell Banker Coastal Homes
Mls Name: StateWide MLS RI
Mls ID: #1402970