67 High StAshawayRI02804
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
Investment Highlights
Rental property for sale in Ashaway at 67 High St, Ashaway, RI, 02804 priced at $359,999 pairs $2,687/mo rent with $337/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,687/mo, and annual cash flow comes to $4,044/yr on $119,340 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 8.96% on a $359,999 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 121.44% and total cumulative return in cash reaches $144,921. For financing, Ziffy Mortgage’s DSCR program evaluates $2,687/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02804, Ashaway, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,325 (100%) |
| Owner Occupied HU | 1,052 (79.4%) |
| Renter Occupied HU | 181 (13.7%) |
| Vacant Housing Units | 92 ( 6.9%) |
| Median Home Value | $409,932 |
| Average Home Value | $525,038 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,063
Multi-Family
0
Businesses
91
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11474160