671 Metacom Ave UNIT 34BristolRI02809
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
Investment property for sale in Bristol at 671 Metacom Ave UNIT 34, Bristol, RI, 02809 uses $91,163 cash to close to unlock $3,334/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,573/mo, and a $1,346/mo payment keeps the spread at $278/mo. Purchase price stands at $275,000, and rental yield measures 11.23% with $2,573/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 125.29% and total cumulative return in cash records $114,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,573/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02809, Bristol, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,670 (100%) |
| Owner Occupied HU | 5,967 (61.7%) |
| Renter Occupied HU | 2,840 (29.4%) |
| Vacant Housing Units | 863 ( 8.9%) |
| Median Home Value | $507,237 |
| Average Home Value | $586,507 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
8,211
Multi-Family
593
Businesses
778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Principe Real Estate Group • William Raveis Inspire
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1375471
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.