47 North Rd #AJamestownRI02835
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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 47 North Rd #A, Jamestown, RI, 02835 priced at $538,200 converts $3,223/mo rent into after a $2,634/mo obligation. Total monthly income equals $3,223/mo. Return on cash invested prints 18.09% in year one, and rental yield reads 7.19% against a $538,200 entry. Equity gained on principal adds $3,473/yr, while 5% annual appreciation compiles into $148,695 by year five. Five-year ROI reaches 93.52% and total cumulative return in cash sums $165,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,223/mo property income covering a $2,634/mo payment, not borrower’s personal income.
Apartment
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A