94 Susan Bowen RdCoventryRI02827
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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
Rental property for sale in Coventry at 94 Susan Bowen Rd, Coventry, RI, 02827 priced at $874,900 pairs $0/mo rent with after a $4,282/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.75% in year one, and rental yield stands at 0% on a $874,900 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,719 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $4,282/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02827, Greene, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 953 (100%) |
| Owner Occupied HU | 853 (89.5%) |
| Renter Occupied HU | 65 ( 6.8%) |
| Vacant Housing Units | 35 ( 3.7%) |
| Median Home Value | $461,478 |
| Average Home Value | $502,192 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
13
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No similar rental properties found nearby.
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Listed by: Carolyn Petreccia • RE/MAX ADVANTAGE GROUP
Mls Name: StateWide MLS RI
Mls ID: #1402868