871-873 Smithfield Ave, Lincoln, RI, 02865 | 6.2% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 1 more

12 Bed
4 Bath
4368 sft

234 Central St, Central Falls, RI, 02863

2 Bed
1 Bath
1153 sft

21 Higgins St APT 107, Smithfield, RI, 02917

3 Bed
1 Bath
1639 sft

133 Oakdale Ave, Pawtucket, RI, 02860

2 Bed
2 Bath
1104 sft

565 Quaker Ln APT 43, West Warwick, RI, 02893

Nearby investment properties with comparable prices

3 Bed
2 Bath
1701 sft

75 Staghead Pkwy, Pascoag, RI, 02859

3 Bed
2 Bath
1701 sft

75 Staghead Dr, Pascoag, RI, 02859

4 Bed
2 Bath
1904 sft

101 Sterling St, Pawtucket, RI, 02860

3 Bed
2 Bath
1454 sft

32 Woodbine St, Riverside, RI, 02915

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lincoln at 871-873 Smithfield Ave, Lincoln, RI, 02865 offers a 6.2% rental yield on a $599,900 purchase with $3,100/mo rent. 1% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 77.48% and total cumulative return in cash at $152,920. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,100/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1930

3,920 sqft lot

$N/A/sqft

No HOA