48 Whipple StPawtucketRI02860
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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 Pawtucket at 48 Whipple St, Pawtucket, RI, 02860 offers a 3.69% rental yield on a $635,000 purchase with $1,951/mo rent. 46% in year one. Equity gained on principal adds $4,098/yr while 5% annual appreciation supports $175,439 over five years. Portfolio math shows five-year ROI at 36.48% and total cumulative return in cash at $76,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,951/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
3,728 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: Antoanet Sialer • eXp Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1382065
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.