65 Oakland AveOaklandRI02858
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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
Rental property for sale in Oakland at 65 Oakland Ave, Oakland, RI, 02858 priced at $554,000 converts $0/mo rent into after a $2,712/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.75% in year one, and rental yield reads 0% against a $554,000 entry. Equity gained on principal adds $3,575/yr, while 5% annual appreciation compiles into $153,060 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,712/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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: The Stearns McGee Team • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls ID: #1395555