51 Marion AvePascoagRI02859
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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 Pascoag at 51 Marion Ave, Pascoag, RI, 02859 earns $154/mo cash flow from $2,438/mo rent with a $1,713/mo payment. Total monthly income totals $2,438/mo, and annual cash flow totals $1,842/yr on $115,992 capital. ROI tracks 21.5% on current figures, and rental yield reads 8.36% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 111.82% and total cumulative return in cash sums $129,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,438/mo property income instead of your personal income.
Single Family
Built in 1963
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02859, Pascoag, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 1,997 (70.2%) |
| Renter Occupied HU | 623 (21.9%) |
| Vacant Housing Units | 226 ( 7.9%) |
| Median Home Value | $489,981 |
| Average Home Value | $573,956 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,566
Multi-Family
98
Businesses
117
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Listed by: Norm Jolicoeur • American Homes & Commercial RE
Mls Name: StateWide MLS RI
Mls ID: #1393557