871-873 Smithfield AveLincolnRI02865
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 871-873 Smithfield Ave, Lincoln, RI, 02865 in Lincoln. Rental yield 6.2%. The 1.15 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $165,741 and $5,525/yr in principal reduction project total return of $175,848.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 5.2% |
| Monthly Cash Flow | $(816) | $1,850 |
City averages based on Lincoln market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,100 |
| Total Monthly Debt Service | $3,677 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Seyboth • Century 21 Limitless
Mls Name: StateWide MLS RI
Mls ID: #1388983