55 W Main RdLittle ComptonRI02837
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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 Little Compton at 55 W Main Rd, Little Compton, RI, 02837 earns from $5,130/mo rent with a $6,020/mo payment. Total monthly income totals $5,130/mo. ROI tracks 11.64% on current figures, and rental yield reads 5.01% at a $1,229,900 purchase. Equity gained on principal adds $7,936/yr, and 5% annual appreciation supports $339,799 over five years. Five-year ROI reaches 58.87% and total cumulative return in cash sums $234,579. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,130/mo property income instead of your personal income.
Single Family
Built in 1987
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02837, Little Compton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,486 (100%) |
| Owner Occupied HU | 1,414 (56.9%) |
| Renter Occupied HU | 239 ( 9.6%) |
| Vacant Housing Units | 833 (33.5%) |
| Median Home Value | $805,085 |
| Average Home Value | $892,100 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,205
Multi-Family
0
Businesses
123
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Listed by: The RR&A Team • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls ID: #1390399