60 Edmond LnTivertonRI02878
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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 Tiverton at 60 Edmond Ln, Tiverton, RI, 02878 at $649,900 posts ROI 12.63% with from $2,918/mo rent. Total monthly income equals $2,918/mo. Return on cash invested measures 12.63% and rental yield reads 5.39% at the current $649,900. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 by year five. Five-year ROI prints 64.21% and total cumulative return in cash totals $137,286. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,918/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
1,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
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Nearby investment properties with comparable prices
Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11459421