82 Princeton Ave, Coventry, RI, 02816 | $74/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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82 Princeton Ave, Coventry, RI, 02816 | $74/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Coventry at 82 Princeton Ave, Coventry, RI, 02816 generates $2,619/mo in rent and, after a $1,908/mo payment, leaves $74/mo in cash flow. Total monthly income is $2,619/mo, and annual cash flow is $890/yr on $129,252 invested. Return on cash invested sits at 20.6% in year one, and rental yield is 8.06% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 107.01% and total cumulative return in cash sums $138,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,619/mo property income rather than buyer’s personal income.

Single Family

Built in 1960

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

HIGHEST AND BEST DUE BY MONDAY 9-29-25 @ 12 P.M. Move right in and make it your own! One level ranch with 3 bedrooms, 1 bathroom, living room, kitchen, dining area and walk out on main floor with beautifully finished hardwoods. Roof, Septic, Heating all updated. Basement is finished with multiple bonus rooms including laundry, half bath, cedar closet, utility room, 2-3 bonus rooms, and direct access to garage. Multi-level deck off kitchen with large fenced backyard. Lot's and lot's of ways to make this home your own. Priced to sell!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02816, Coventry, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,263 (100%)
Owner Occupied HU	10,866 (76.2%)
Renter Occupied HU	2,751 (19.3%)
Vacant Housing Units	646 ( 4.5%)
Median Home Value	$386,005
Average Home Value	$401,695