9 Clement StTivertonRI02878
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
Investment Highlights
Investment property for sale in Tiverton at 9 Clement St, Tiverton, RI, 02878 earns from $2,049/mo rent with a $2,936/mo payment. Total monthly income totals $2,049/mo. ROI tracks 8.71% on current figures, and rental yield reads 4.1% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 43.22% and total cumulative return in cash sums $85,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,049/mo property income instead of your personal income.
Multi Family
Built in 1890
3,485 sqft 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: Christopher J. Paiva • Paiva Real Estate Services, LLC
Mls Name: MLS PIN
Mls ID: #73369293
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