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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Coventry at 888 Plainfield Pike, Coventry, RI, 02827 at $659,900 posts ROI 26.36% with $1,139/mo cash flow from $5,447/mo rent. Total monthly income equals $5,447/mo, and annual cash flow records $13,670/yr on $217,107 to close. Return on cash invested measures 26.36% and rental yield reads 9.91% at the current $659,900. Equity gained on principal adds $4,258/yr, and 5% annual appreciation supports $182,318 by year five. Five-year ROI prints 137.85% and total cumulative return in cash totals $299,282.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
7.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02827, Greene, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 953 (100%) |
| Owner Occupied HU | 853 (89.5%) |
| Renter Occupied HU | 65 ( 6.8%) |
| Vacant Housing Units | 35 ( 3.7%) |
| Median Home Value | $461,478 |
| Average Home Value | $502,192 |
Residential
852
Single Family
852
Multi-Family
0
Businesses
13
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Listed for sale | $659,900 |
| 2025-06-24 | Listing removed | $674,900 |
| 2025-05-21 | Listed for sale | $674,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-14 | $9464.00 | 3.32% | $597,500 | N/A |
| 2023-07-14 | $9160.00 | 0.62% | $597,500 | 28.44% |
| 2022-07-14 | $9104.00 | 0.88% | $465,200 | N/A |
What's Special
Attic Stairs
Listed by: Nicole Connell • RE/MAX Results
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1388583
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.
