5 Leland Point DrPortsmouthRI02871
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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 Portsmouth at 5 Leland Point Dr, Portsmouth, RI, 02871 earns $689/mo cash flow from $3,926/mo rent with a $2,427/mo payment. Total monthly income totals $3,926/mo, and annual cash flow totals $8,268/yr on $164,391 capital. ROI tracks 24.94% on current figures, and rental yield reads 9.5% at a $495,900 purchase. Equity gained on principal adds $3,200/yr, and 5% annual appreciation supports $137,008 over five years. Five-year ROI reaches 130.28% and total cumulative return in cash sums $214,169. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,926/mo property income instead of your personal income.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02871, Portsmouth, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,329 (100%) |
| Owner Occupied HU | 5,674 (68.1%) |
| Renter Occupied HU | 1,526 (18.3%) |
| Vacant Housing Units | 1,129 (13.6%) |
| Median Home Value | $652,796 |
| Average Home Value | $746,528 |
Housing Distribution
Address Breakdown
Residential
7,920
Single Family
7,619
Multi-Family
301
Businesses
575
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Listed by: Colleen Mercurio • Redfin Corporation
Mls Name: StateWide MLS RI
Mls ID: #1398107