6101 Post Rd #24North KingstownRI02852
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.79 makes 6101 Post Rd #24, North Kingstown, RI, 02852 in North Kingstown one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.64%. The 9.64% yield, 5% annual appreciation ($46,940 over five years), and $1,565/yr in principal reduction project a total cumulative return of $51,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.0% |
| Monthly Cash Flow | $(234) | $1,850 |
City averages based on North Kingstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,365 |
| Total Monthly Debt Service | $1,531 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
$490 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2024
N/A lot
$N/A/sqft
$490 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A