89 S Shore RdLittle ComptonRI02837
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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 Little Compton at 89 S Shore Rd, Little Compton, RI, 02837 listed at $174,000 pairs $2,980/mo rent with a $852/mo payment to leave $1,844/mo cash flow. Total monthly income runs $2,980/mo, and annual cash flow reaches $22,126/yr on $57,681 cash to close. Return on cash invested measures 58.27% in year one, and rental yield registers 20.55% at a $174,000 basis. Equity gained on principal adds $1,123/yr, and annual property appreciation at 5% supports $48,073 by year five. Five-year ROI tracks 308.99% and total cumulative return in cash totals $178,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,980/mo property income relative to a $852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02837, Little Compton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,486 (100%) |
| Owner Occupied HU | 1,414 (56.9%) |
| Renter Occupied HU | 239 ( 9.6%) |
| Vacant Housing Units | 833 (33.5%) |
| Median Home Value | $805,085 |
| Average Home Value | $892,100 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,205
Multi-Family
0
Businesses
123
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Listed by: N/A • N/A
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