622-624 Whipple AveBurrillvilleRI02858
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment Highlights
Investment property for sale in Burrillville at 622-624 Whipple Ave, Burrillville, RI, 02858 offers a 0% rental yield on a $425,000 purchase with $0/mo rent. 72% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02858, Oakland, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 215 (77.1%) |
| Renter Occupied HU | 51 (18.3%) |
| Vacant Housing Units | 13 ( 4.7%) |
| Median Home Value | $438,514 |
| Average Home Value | $461,977 |
Housing Distribution
Address Breakdown
Residential
219
Single Family
219
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Elyse Gesmondi • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls ID: #1404217