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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Johnston at 6 Pico Cir, Johnston, RI, 02919 offers a 7.16% rental yield on a $750,000 purchase with $4,472/mo rent. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 93.01% and total cumulative return in cash at $229,494. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,472/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02919, Johnston, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,630 (100%) |
| Owner Occupied HU | 8,689 (68.8%) |
| Renter Occupied HU | 3,472 (27.5%) |
| Vacant Housing Units | 469 ( 3.7%) |
| Median Home Value | $408,882 |
| Average Home Value | $428,372 |
Residential
12,608
Single Family
11,503
Multi-Family
1,105
Businesses
1,373
Date | Event | Price |
|---|---|---|
| 2024-04-25 | Listed for sale | $750,000 |
| 2024-04-13 | Listing removed | $700,000 |
| 2023-07-12 | Listed for sale | $700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Vickie Pizzarelli • Engel & Volkers
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1357606
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 State-Wide MLS, Inc. All rights reserved.
