7 Wake Robin Rd UNIT 404LincolnRI02865
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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
Investment property for sale in Lincoln at 7 Wake Robin Rd UNIT 404, Lincoln, RI, 02865 earns $230/mo cash flow from $2,384/mo rent with a $1,312/mo payment. Total monthly income totals $2,384/mo, and annual cash flow totals $2,763/yr on $88,842 capital. ROI tracks 23.02% on current figures, and rental yield reads 10.67% at a $268,000 purchase. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,043 over five years. Five-year ROI reaches 121.98% and total cumulative return in cash sums $108,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,384/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$404 monthly HOA
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Listed by: Sweeney Advisory Group • Mott & Chace Sotheby's Intl.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1384295
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.