5 Borden StPawtucketRI02861
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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 5 Borden St, Pawtucket, RI, 02861 at $619,900 posts ROI 6.74% with from $1,783/mo rent. Total monthly income equals $1,783/mo. Return on cash invested measures 6.74% and rental yield reads 3.45% at the current $619,900. Equity gained on principal adds $4,000/yr, and 5% annual appreciation supports $171,267 by year five. Five-year ROI prints 32.65% and total cumulative return in cash totals $66,596. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,783/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02861, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,189 (100%) |
| Owner Occupied HU | 7,318 (60.0%) |
| Renter Occupied HU | 4,287 (35.2%) |
| Vacant Housing Units | 584 ( 4.8%) |
| Median Home Value | $339,560 |
| Average Home Value | $388,596 |
Housing Distribution
Address Breakdown
Residential
11,285
Single Family
10,467
Multi-Family
818
Businesses
652
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Listed by: Melissa Riley • Westcott Properties
Mls Name: StateWide MLS RI
Mls ID: #1402928