68 North RdHopkintonRI02833
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 68 North Rd, Hopkinton, RI, 02833 in Hopkinton. Priced at $399,900, it generates $3,365/mo in gross rent and $754/mo in net monthly cash flow, a 10.1% yield that comfortably supports the 1.87 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,052. Five-year appreciation: $110,485. Equity from principal paydown: $3,683/yr. Total projected cumulative return: $200,797.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $754 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,365 |
| Total Monthly Debt Service | $2,451 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02833, Hopkinton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 242 (100%) |
| Owner Occupied HU | 166 (68.6%) |
| Renter Occupied HU | 63 (26.0%) |
| Vacant Housing Units | 13 ( 5.4%) |
| Median Home Value | $500,000 |
| Average Home Value | $496,596 |
Housing Distribution
Address Breakdown
Residential
216
Single Family
163
Multi-Family
53
Businesses
21
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
Single Family
Built in 1972
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02833, Hopkinton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 242 (100%) |
| Owner Occupied HU | 166 (68.6%) |
| Renter Occupied HU | 63 (26.0%) |
| Vacant Housing Units | 13 ( 5.4%) |
| Median Home Value | $500,000 |
| Average Home Value | $496,596 |
Housing Distribution
Address Breakdown
Residential
216
Single Family
163
Multi-Family
53
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Contino • eXp Realty
Mls Name: StateWide MLS RI
Mls ID: #1404715