91 Old North RdKingstonRI02881
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 Kingston at 91 Old North Rd, Kingston, RI, 02881 listed at $825,000 pairs $3,336/mo rent with a $4,038/mo payment. Total monthly income runs $3,336/mo. Return on cash invested measures 11% in year one, and rental yield registers 4.85% at a $825,000 basis. Equity gained on principal adds $5,324/yr, and annual property appreciation at 5% supports $227,932 by year five. Five-year ROI tracks 55.48% and total cumulative return in cash totals $150,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,336/mo property income relative to a $4,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1860
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02881, Kingston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,021 (100%) |
| Owner Occupied HU | 655 (64.2%) |
| Renter Occupied HU | 254 (24.9%) |
| Vacant Housing Units | 112 (11.0%) |
| Median Home Value | $493,554 |
| Average Home Value | $621,424 |
Housing Distribution
Address Breakdown
Residential
1,024
Single Family
1,010
Multi-Family
14
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jess Powers • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls ID: #1395283