73 Seafare LnPortsmouthRI02871
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 73 Seafare Ln, Portsmouth, RI, 02871 listed at $554,900 pairs $3,442/mo rent with a $2,716/mo payment. Total monthly income runs $3,442/mo. Return on cash invested measures 18.87% in year one, and rental yield registers 7.44% at a $554,900 basis. Equity gained on principal adds $3,581/yr, and annual property appreciation at 5% supports $153,309 by year five. Five-year ROI tracks 97.71% and total cumulative return in cash totals $178,380. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,442/mo property income relative to a $2,716/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2016
7.36 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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Listed by: Martha Easley • Hogan Associates Christie's
Mls Name: StateWide MLS RI
Mls ID: #1394973