45 E Sakonnet StTivertonRI02878
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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 45 E Sakonnet St, Tiverton, RI, 02878 earns $664/mo cash flow from $3,301/mo rent with a $1,752/mo payment. Total monthly income totals $3,301/mo, and annual cash flow totals $7,971/yr on $118,677 capital. ROI tracks 26.63% on current figures, and rental yield reads 11.06% at a $358,000 purchase. Equity gained on principal adds $2,310/yr, and 5% annual appreciation supports $98,909 over five years. Five-year ROI reaches 140.43% and total cumulative return in cash sums $166,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,301/mo property income instead of your personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$300 monthly 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: Candace Cally • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1381336
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.