475 Robin Hollow RdWest GreenwichRI02817
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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 West Greenwich at 475 Robin Hollow Rd, West Greenwich, RI, 02817 priced at $524,900 converts $3,682/mo rent into $256/mo cash flow after a $2,569/mo obligation. Total monthly income equals $3,682/mo, and annual cash flow totals $3,068/yr on $172,692 invested. Return on cash invested prints 21.84% in year one, and rental yield reads 8.42% against a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation compiles into $145,020 by year five. Five-year ROI reaches 113.59% and total cumulative return in cash sums $196,165. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,682/mo property income covering a $2,569/mo payment, not borrower’s personal income.
Single Family
Built in 1968
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02817, West Greenwich, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,617 (100%) |
| Owner Occupied HU | 2,085 (79.7%) |
| Renter Occupied HU | 435 (16.6%) |
| Vacant Housing Units | 97 ( 3.7%) |
| Median Home Value | $534,980 |
| Average Home Value | $554,369 |
Housing Distribution
Address Breakdown
Residential
2,568
Single Family
2,568
Multi-Family
0
Businesses
123
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11473985