57 Middle HwyBarringtonRI02806
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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 Barrington at 57 Middle Hwy, Barrington, RI, 02806 listed at $599,000 pairs $3,914/mo rent with a $2,932/mo payment to leave $4/mo cash flow. Total monthly income runs $3,914/mo, and annual cash flow reaches $44/yr on $197,071 cash to close. Return on cash invested measures 20.08% in year one, and rental yield registers 7.84% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 104.19% and total cumulative return in cash totals $205,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,914/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02806, Barrington, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 5,332 (83.8%) |
| Renter Occupied HU | 714 (11.2%) |
| Vacant Housing Units | 319 ( 5.0%) |
| Median Home Value | $639,942 |
| Average Home Value | $754,675 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,462
Multi-Family
91
Businesses
440
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Listed by: Yue Ling Chung • Bayside Real Estate Group
Mls Name: StateWide MLS RI
Mls ID: #1392779