82 Hillcrest AvePawtucketRI02860
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 Pawtucket at 82 Hillcrest Ave, Pawtucket, RI, 02860 offers a 7.99% rental yield on a $419,900 purchase with $2,796/mo rent. Total monthly income registers $2,796/mo, and a $2,055/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $662/yr on $139,197 to close, and return on cash invested stands at 20.38% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 105.86% and total cumulative return in cash at $147,348. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,796/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucy Heelon • RE/MAX Real Estate Center
Mls Name: StateWide MLS RI
Mls ID: #1395244