5 Stonehenge Dr Unit 349GreenvilleRI02828
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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 Greenville at 5 Stonehenge Dr Unit 349, Greenville, RI, 02828 listed at $199,900 pairs $1,584/mo rent with a $978/mo payment to leave $280/mo cash flow. Total monthly income runs $1,584/mo, and annual cash flow reaches $3,354/yr on $66,267 cash to close. Return on cash invested measures 24.97% in year one, and rental yield registers 9.51% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 130.46% and total cumulative return in cash totals $86,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,584/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02828, Greenville, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,381 (83.4%) |
| Renter Occupied HU | 378 (13.2%) |
| Vacant Housing Units | 96 ( 3.4%) |
| Median Home Value | $470,477 |
| Average Home Value | $518,163 |
Housing Distribution
Address Breakdown
Residential
3,087
Single Family
2,651
Multi-Family
436
Businesses
340
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Listed by: Karl Martone • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls ID: #1401513