458-460 Smithfield AvePawtucketRI02860
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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
Total monthly income runs $2,364/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 2.58% with $2,364/mo rent. Return on cash invested shows 4.15% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 18.71% and total cumulative return in cash records $66,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
2,613 sqft 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
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Listed by: April Holland • Keller Williams Leading Edge
Mls Name: StateWide MLS RI
Mls ID: #1401981