1-7 Carson StPawtucketRI02860
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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 Pawtucket at 1-7 Carson St, Pawtucket, RI, 02860 offers $1,967/mo rent that, after a $4,344/mo payment. Total monthly income is $1,967/mo. Return on cash invested measures 4.33% in year one, and rental yield stands at 2.66% at a $887,500 entry. Equity gained on principal adds $5,727/yr while 5% annual appreciation compounds into $245,200 by year five. Five-year ROI records 19.74% and total cumulative return in cash reaches $57,635. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,967/mo property income versus a $4,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
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Listed by: The Mita Team • RE/MAX FLAGSHIP, INC.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1384013
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.