70 Cedar Swamp RdSmithfieldRI02917
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 Smithfield at 70 Cedar Swamp Rd, Smithfield, RI, 02917 at $799,900 posts ROI 20.49% with $94/mo cash flow from $5,315/mo rent. Total monthly income equals $5,315/mo, and annual cash flow records $1,122/yr on $263,167 to close. Return on cash invested measures 20.49% and rental yield reads 7.97% at the current $799,900. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $220,998 by year five. Five-year ROI prints 106.36% and total cumulative return in cash totals $279,900.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,315/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02917, Smithfield, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,210 (100%) |
| Owner Occupied HU | 4,016 (77.1%) |
| Renter Occupied HU | 1,003 (19.3%) |
| Vacant Housing Units | 191 ( 3.7%) |
| Median Home Value | $478,603 |
| Average Home Value | $532,500 |
Housing Distribution
Address Breakdown
Residential
5,185
Single Family
4,814
Multi-Family
371
Businesses
731
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karl Martone • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls ID: #1402577