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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 Coventry at 64 Laurel Ave, Coventry, RI, 02816 at $429,900 posts ROI 30.38% with $1,244/mo cash flow from $4,050/mo rent. Total monthly income equals $4,050/mo, and annual cash flow records $14,926/yr on $142,512 to close. Return on cash invested measures 30.38% and rental yield reads 11.3% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 159.44% and total cumulative return in cash totals $227,215.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,050/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02816, Coventry, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,263 (100%) |
| Owner Occupied HU | 10,866 (76.2%) |
| Renter Occupied HU | 2,751 (19.3%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $386,005 |
| Average Home Value | $401,695 |
Residential
13,809
Single Family
11,932
Multi-Family
1,877
Businesses
781
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $429,900 |
| 2011-04-12 | Sold | $205,000 |
| 2011-02-09 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $5080.00 | 3.34% | $320,700 | N/A |
| 2023-04-01 | $4916.00 | 6.43% | $320,700 | 35.89% |
| 2022-04-01 | $4619.00 | 0.90% | $236,000 | N/A |
Listed by: The Daglieri Team • RE/MAX FLAGSHIP, INC.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1380764
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.
