9 Hope StBristolRI02809
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Bristol at 9 Hope St, Bristol, RI, 02809 projects strong ROI of -0.42%. Rental yield 1.31%. With 5% annual appreciation, the property builds $953,171 in value over five years. Equity growth combined delivers a projected five-year ROI of 11%, translating into $107,250 in total cumulative return on $974,625 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.3% | 6.2% |
| Monthly Cash Flow | $(18,758) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,780 |
| Total Monthly Debt Service | $21,148 |
| DSCR Ratio | 0.18x |
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.
Single Family
Built in 1989
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02809, Bristol, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,670 (100%) |
| Owner Occupied HU | 5,967 (61.7%) |
| Renter Occupied HU | 2,840 (29.4%) |
| Vacant Housing Units | 863 ( 8.9%) |
| Median Home Value | $507,237 |
| Average Home Value | $586,507 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
8,211
Multi-Family
593
Businesses
778
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
Single Family
Built in 1989
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02809, Bristol, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,670 (100%) |
| Owner Occupied HU | 5,967 (61.7%) |
| Renter Occupied HU | 2,840 (29.4%) |
| Vacant Housing Units | 863 ( 8.9%) |
| Median Home Value | $507,237 |
| Average Home Value | $586,507 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
8,211
Multi-Family
593
Businesses
778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: StateWide MLS RI
Mls ID: #1405277