71 Mohawk DrPortsmouthRI02871
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 Portsmouth at 71 Mohawk Dr, Portsmouth, RI, 02871 earns from $5,492/mo rent with a $5,820/mo payment. Total monthly income totals $5,492/mo. ROI tracks 13.3% on current figures, and rental yield reads 5.54% at a $1,189,000 purchase. Equity gained on principal adds $7,672/yr, and 5% annual appreciation supports $328,499 over five years. Five-year ROI reaches 67.74% and total cumulative return in cash sums $260,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,492/mo property income instead of your personal income.
Single Family
Built in 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02871, Portsmouth, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,329 (100%) |
| Owner Occupied HU | 5,674 (68.1%) |
| Renter Occupied HU | 1,526 (18.3%) |
| Vacant Housing Units | 1,129 (13.6%) |
| Median Home Value | $652,796 |
| Average Home Value | $746,528 |
Housing Distribution
Address Breakdown
Residential
7,920
Single Family
7,619
Multi-Family
301
Businesses
575
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Nearby investment properties with comparable prices
Listed by: Ben Willett Team • Serhant Rhode Island
Mls Name: StateWide MLS RI
Mls ID: #1396511