








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Charlestown at 5 Kingsland Ct #D, Charlestown, RI, 02813 at $269,000 posts ROI 21.18% with $95/mo cash flow from $2,127/mo rent. Total monthly income equals $2,127/mo, and annual cash flow records $1,136/yr on $89,174 to close. Return on cash invested measures 21.18% and rental yield reads 9.49% at the current $269,000. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 by year five. Five-year ROI prints 111.46% and total cumulative return in cash totals $99,395.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,127/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1964
6.25 Acres lot
$N/A/sqft
$276 monthly HOA
Neighborhood data shown for ZIP Code: 02813, Charlestown, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,608 (100%) |
| Owner Occupied HU | 3,154 (56.2%) |
| Renter Occupied HU | 534 ( 9.5%) |
| Vacant Housing Units | 1,920 (34.2%) |
| Median Home Value | $534,967 |
| Average Home Value | $675,143 |
Residential
3,695
Single Family
3,695
Multi-Family
0
Businesses
261
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $269,000 |
| 2024-12-31 | Pending sale | $269,000 |
| 2024-12-17 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Chad Dupuis • Coldwell Banker Coastal Homes
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1374695
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.