730 Victory HwyNorth SmithfieldRI02896
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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
Investment property for sale in North Smithfield at 730 Victory Hwy, North Smithfield, RI, 02896 earns $223/mo cash flow from $4,982/mo rent with a $3,568/mo payment. Total monthly income totals $4,982/mo, and annual cash flow totals $2,680/yr on $239,841 capital. ROI tracks 21.18% on current figures, and rental yield reads 8.2% at a $729,000 purchase. Equity gained on principal adds $4,704/yr, and 5% annual appreciation supports $201,409 over five years. Five-year ROI reaches 110.07% and total cumulative return in cash sums $263,988. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,982/mo property income instead of your personal income.
Single Family
Built in 1950
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02896, North Smithfield, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,671 (100%) |
| Owner Occupied HU | 3,460 (74.1%) |
| Renter Occupied HU | 1,036 (22.2%) |
| Vacant Housing Units | 175 ( 3.7%) |
| Median Home Value | $474,343 |
| Average Home Value | $507,164 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,835
Multi-Family
670
Businesses
234
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Listed by: Alysandra Nemeth • Redfin Corporation
Mls Name: StateWide MLS RI
Mls ID: #1394327