








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 Glocester at 5 Lees Ln, Glocester, RI, 02814 earns $196/mo cash flow from $1,175/mo rent with a $734/mo payment. Total monthly income totals $1,175/mo, and annual cash flow totals $2,354/yr on $49,692 capital. ROI tracks 24.65% on current figures, and rental yield reads 9.41% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 128.78% and total cumulative return in cash sums $63,995. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,175/mo property income instead of your personal income.
Single Family
Built in 1947
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02814, Chepachet, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 2,698 (80.8%) |
| Renter Occupied HU | 376 (11.3%) |
| Vacant Housing Units | 267 ( 8.0%) |
| Median Home Value | $468,016 |
| Average Home Value | $500,838 |
Residential
2,889
Single Family
2,881
Multi-Family
8
Businesses
163
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jonathan Orcutt • Multi State Realty
Mls Name: StateWide MLS RI
Mls ID: #1401327