5 Wake Robin Rd UNIT 3602LincolnRI02865
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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 Lincoln at 5 Wake Robin Rd UNIT 3602, Lincoln, RI, 02865 listed at $380,000 pairs $2,946/mo rent with a $1,860/mo payment to leave $90/mo cash flow. Total monthly income runs $2,946/mo, and annual cash flow reaches $1,084/yr on $125,970 cash to close. Return on cash invested measures 20.77% in year one, and rental yield registers 9.3% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 109.22% and total cumulative return in cash totals $137,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,946/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2001
N/A lot
$N/A/sqft
$375 monthly HOA
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Listed by: The Hometown Experts Team • RE/MAX Town & Country
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1384254
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.