85 Manistee StPawtucketRI02861
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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 Pawtucket at 85 Manistee St, Pawtucket, RI, 02861 offers a 7.69% rental yield on a $400,000 purchase with $2,563/mo rent. 47% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 100.95% and total cumulative return in cash at $133,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,563/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02861, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,189 (100%) |
| Owner Occupied HU | 7,318 (60.0%) |
| Renter Occupied HU | 4,287 (35.2%) |
| Vacant Housing Units | 584 ( 4.8%) |
| Median Home Value | $339,560 |
| Average Home Value | $388,596 |
Housing Distribution
Address Breakdown
Residential
11,285
Single Family
10,467
Multi-Family
818
Businesses
652
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Listed by: Michael Cappiello • Hartford Homes Realty LLC
Mls Name: MLS PIN
Mls ID: #73421564