73 Camden CtSouth KingstownRI02879
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 South Kingstown at 73 Camden Ct, South Kingstown, RI, 02879 earns from $3,131/mo rent with a $3,524/mo payment. Total monthly income totals $3,131/mo. ROI tracks 12.11% on current figures, and rental yield reads 5.22% at a $719,900 purchase. Equity gained on principal adds $4,645/yr, and 5% annual appreciation supports $198,895 over five years. Five-year ROI reaches 61.46% and total cumulative return in cash sums $145,559. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,131/mo property income instead of your personal income.
Townhouse
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02879, Wakefield, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,559 (100%) |
| Owner Occupied HU | 7,283 (58.0%) |
| Renter Occupied HU | 2,390 (19.0%) |
| Vacant Housing Units | 2,886 (23.0%) |
| Median Home Value | $600,474 |
| Average Home Value | $690,834 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,386
Multi-Family
652
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roxanne Tafuri • BHHS Commonwealth Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1396906