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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% |
Rental property for sale in Foster at 60 Old Danielson Pike, Foster, RI, 02825 generates $3,181/mo in rent and, after a $2,251/mo payment, leaves $179/mo in cash flow. Total monthly income is $3,181/mo, and annual cash flow is $2,144/yr on $152,490 invested. Return on cash invested sits at 21.31% in year one, and rental yield is 8.3% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 110.83% and total cumulative return in cash sums $168,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,181/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02825, Foster, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,820 (87.1%) |
| Renter Occupied HU | 180 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.3%) |
| Median Home Value | $480,296 |
| Average Home Value | $519,391 |
Residential
2,076
Single Family
2,076
Multi-Family
0
Businesses
85
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Listed for sale | $460,000 |
| 2025-04-09 | Listing removed | $520,000 |
| 2025-01-14 | Price change | $520,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-06 | $6143.00 | 17.70% | $294,900 | 28.11% |
| 2023-07-06 | $5219.00 | 3.24% | $230,200 | N/A |
| 2022-07-06 | $5055.00 | 2.91% | $230,200 | N/A |
What's Special
Attic Stairs
Listed by: Mary Ann Bouchard • Coldwell Banker Coastal Homes
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1387890
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 2025 State-Wide MLS, Inc. All rights reserved.
