87 Waters EdgeTivertonRI02878
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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 Tiverton at 87 Waters Edge, Tiverton, RI, 02878 with 5% annual appreciation on a $1,614,500 basis while $4,848/mo rent supports operations. 31% in year one. Equity gained on principal adds $10,418/yr, and five-year appreciation sums $446,057 alongside rental yield of 3.6%. Five-year ROI measures 35.66% and total cumulative return in cash totals $186,512. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,848/mo property income versus a $7,902/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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