53 Bradford RdWesterlyRI02808
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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 Westerly at 53 Bradford Rd, Westerly, RI, 02808 at $695,000 posts ROI 5.07% with from $1,680/mo rent. Total monthly income equals $1,680/mo. Return on cash invested measures 5.07% and rental yield reads 2.9% at the current $695,000. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 by year five. Five-year ROI prints 23.66% and total cumulative return in cash totals $54,102. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02808, Bradford, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 637 (73.6%) |
| Renter Occupied HU | 179 (20.7%) |
| Vacant Housing Units | 50 ( 5.8%) |
| Median Home Value | $412,171 |
| Average Home Value | $567,139 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: Shirley Page • Mott & Chace Sotheby's Intl.
Mls Name: StateWide MLS RI
Mls ID: #1401569