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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $2,280/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 1.82% with $2,280/mo rent. Return on cash invested shows 1.82% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 6.2% and total cumulative return in cash records $30,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Single Family
Built in 1790
14.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02814, Chepachet, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 2,698 (80.8%) |
| Renter Occupied HU | 376 (11.3%) |
| Vacant Housing Units | 267 ( 8.0%) |
| Median Home Value | $468,016 |
| Average Home Value | $500,838 |
Residential
2,889
Single Family
2,881
Multi-Family
8
Businesses
163
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Listed for sale | $1,500,000 |
| 2020-09-15 | Sold | $615,000 |
| 2020-06-02 | Price change | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $9854.00 | 3.30% | $691,500 | 35.48% |
| 2022-10-14 | $9539.00 | 1.35% | $510,400 | N/A |
| 2021-10-14 | $9412.00 | -10.63% | $510,400 | 5.94% |
What's Special
Attic Storage
Listed by: Rick Harrington • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1363624
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 2024 State-Wide MLS, Inc. All rights reserved.
