5 Jupiter Ln UNIT FRichmondRI02898
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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 Richmond at 5 Jupiter Ln UNIT F, Richmond, RI, 02898 with 5% annual appreciation on a $419,900 basis while $3,202/mo rent supports operations. Total monthly income totals $3,202/mo and a $2,055/mo payment preserves $189/mo for cash returns. Annual cash flow comes to $2,270/yr on $139,197 deployed, and return on cash invested reaches 21.54% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,011 alongside rental yield of 9.15%. Five-year ROI measures 112.9% and total cumulative return in cash totals $157,152.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,202/mo property income versus a $2,055/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2018
12.41 Acres lot
$N/A/sqft
$272 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02898, Wyoming, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 757 (100%) |
| Owner Occupied HU | 648 (85.6%) |
| Renter Occupied HU | 56 ( 7.4%) |
| Vacant Housing Units | 53 ( 7.0%) |
| Median Home Value | $460,515 |
| Average Home Value | $476,169 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
115
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Listed by: Matt Patty Team • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1389382
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.