5 Secluded DrSouth KingstownRI02879
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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 South Kingstown at 5 Secluded Dr, South Kingstown, RI, 02879 with 5% annual appreciation on a $685,000 basis while $4,158/mo rent supports operations. 39% in year one. Equity gained on principal adds $4,420/yr, and five-year appreciation sums $189,253 alongside rental yield of 7.28%. Five-year ROI measures 95.12% and total cumulative return in cash totals $214,366. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,158/mo property income versus a $3,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02879, Wakefield, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,559 (100%) |
| Owner Occupied HU | 7,283 (58.0%) |
| Renter Occupied HU | 2,390 (19.0%) |
| Vacant Housing Units | 2,886 (23.0%) |
| Median Home Value | $600,474 |
| Average Home Value | $690,834 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,386
Multi-Family
652
Businesses
739
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Listed by: Maria Leroux • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls ID: #1399264