5 Apple Valley Pkwy APT 11SmithfieldRI02828
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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 Smithfield at 5 Apple Valley Pkwy APT 11, Smithfield, RI, 02828 earns from $1,486/mo rent with a $954/mo payment. Total monthly income totals $1,486/mo. ROI tracks 19.9% on current figures, and rental yield reads 9.15% at a $194,900 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 over five years. Five-year ROI reaches 104.72% and total cumulative return in cash sums $67,659. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,486/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$214 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02828, Greenville, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,381 (83.4%) |
| Renter Occupied HU | 378 (13.2%) |
| Vacant Housing Units | 96 ( 3.4%) |
| Median Home Value | $470,477 |
| Average Home Value | $518,163 |
Housing Distribution
Address Breakdown
Residential
3,087
Single Family
2,651
Multi-Family
436
Businesses
340
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Listed by: Robin Knoderer • Keller Williams Leading Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1379519
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.