55 Whisper LnNorth KingstownRI02852
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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 North Kingstown at 55 Whisper Ln, North Kingstown, RI, 02852 with 5% annual appreciation on a $759,900 basis while $5,114/mo rent supports operations. Total monthly income totals $5,114/mo and a $3,719/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,846/yr on $250,007 deployed, and return on cash invested reaches 20.8% in year one. Equity gained on principal adds $4,904/yr, and five-year appreciation sums $209,946 alongside rental yield of 8.08%. Five-year ROI measures 108.02% and total cumulative return in cash totals $270,054.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,114/mo property income versus a $3,719/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02852, North Kingstown, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,093 (100%) |
| Owner Occupied HU | 7,548 (68.0%) |
| Renter Occupied HU | 2,765 (24.9%) |
| Vacant Housing Units | 780 ( 7.0%) |
| Median Home Value | $574,339 |
| Average Home Value | $634,649 |
Housing Distribution
Address Breakdown
Residential
10,489
Single Family
9,680
Multi-Family
809
Businesses
1,106
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Listed by: Beth Farrell • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1399136