0 Donelson StProvidenceRI02908
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
Total monthly income runs $3,925/mo, and a $3,695/mo payment. Purchase price stands at $755,000, and rental yield measures 6.24% with $3,925/mo rent. Return on cash invested shows 15.21% in year one, and 5% annual appreciation builds toward $208,593 over five years. Five-year ROI reaches 78.08% and total cumulative return in cash records $193,935. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,925/mo property income covering a $3,695/mo payment rather than investor’s personal income.
Multi Family
Built in 2025
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02908, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,787 (100%) |
| Owner Occupied HU | 6,158 (39.0%) |
| Renter Occupied HU | 8,471 (53.7%) |
| Vacant Housing Units | 1,158 ( 7.3%) |
| Median Home Value | $357,497 |
| Average Home Value | $392,124 |
Housing Distribution
Address Breakdown
Residential
13,721
Single Family
12,304
Multi-Family
1,417
Businesses
743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel Albert • Innovations Realty
Mls Name: StateWide MLS RI
Mls ID: #1401821