73 Conanicus Ave #4JamestownRI02835
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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
Rental property for sale in Jamestown at 73 Conanicus Ave #4, Jamestown, RI, 02835 priced at $1,295,000 pairs $4,813/mo rent with after a $6,338/mo payment. Total monthly income equals $4,813/mo. Return on cash invested is 9.96% in year one, and rental yield stands at 4.46% on a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and 5% annual appreciation accumulates to $357,785 by year five. Five-year ROI measures 49.84% and total cumulative return in cash reaches $209,106. For financing, Ziffy Mortgage’s DSCR program evaluates $4,813/mo property income against a $6,338/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02835, Jamestown, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,111 (100%) |
| Owner Occupied HU | 2,021 (65.0%) |
| Renter Occupied HU | 424 (13.6%) |
| Vacant Housing Units | 666 (21.4%) |
| Median Home Value | $855,867 |
| Average Home Value | $1,041,232 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,843
Multi-Family
114
Businesses
223
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Listed by: Bob Bailey • Lila Delman Compass
Mls Name: StateWide MLS RI
Mls ID: #1394995