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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Pascoag at 70 Shady Ln, Pascoag, RI, 02859 priced at $869,900 converts $4,932/mo rent into after a $4,258/mo obligation. Total monthly income equals $4,932/mo. Return on cash invested prints 16.93% in year one, and rental yield reads 6.8% against a $869,900 entry. Equity gained on principal adds $5,613/yr, while 5% annual appreciation compiles into $240,337 by year five. Five-year ROI reaches 87.29% and total cumulative return in cash sums $249,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,932/mo property income covering a $4,258/mo payment, not borrower’s personal income.
Single Family
Built in 2005
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02859, Pascoag, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 1,997 (70.2%) |
| Renter Occupied HU | 623 (21.9%) |
| Vacant Housing Units | 226 ( 7.9%) |
| Median Home Value | $489,981 |
| Average Home Value | $573,956 |
Residential
2,664
Single Family
2,566
Multi-Family
98
Businesses
117
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Price change | $869,900 |
| 2025-05-06 | Listed for sale | $888,000 |
| 2022-11-22 | Sold | $711,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-06 | $8522.00 | 4.62% | $568,900 | 0.49% |
| 2023-08-06 | $8146.00 | 74.40% | $566,100 | 68.58% |
| 2022-08-06 | $4671.00 | -22.74% | $335,800 | -8.80% |
Listed by: Erin Corley • J. Christopher Real Estate Grp
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1390286
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.
