91 High StAshawayRI02804
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 91 High St, Ashaway, RI, 02804 in Ashaway is a conservative rental investment at $479,000. Rental yield 6.05%. A 1.12 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $132,339; $4,412/yr in principal paydown supplements. Total projected return: $136,219.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.2% |
| Monthly Cash Flow | $(710) | $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 | $2,410 |
| Total Monthly Debt Service | $2,936 |
| DSCR Ratio | 0.82x |
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 1900
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02804, Ashaway, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,325 (100%) |
| Owner Occupied HU | 1,052 (79.4%) |
| Renter Occupied HU | 181 (13.7%) |
| Vacant Housing Units | 92 ( 6.9%) |
| Median Home Value | $409,932 |
| Average Home Value | $525,038 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,063
Multi-Family
0
Businesses
91
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 1900
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02804, Ashaway, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,325 (100%) |
| Owner Occupied HU | 1,052 (79.4%) |
| Renter Occupied HU | 181 (13.7%) |
| Vacant Housing Units | 92 ( 6.9%) |
| Median Home Value | $409,932 |
| Average Home Value | $525,038 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,063
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael DelRose • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383114
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.