1 Jared CtNorth ProvidenceRI02911
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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
Investment property for sale in North Providence at 1 Jared Ct, North Providence, RI, 02911 offers a 9.83% rental yield on a $453,700 purchase with $3,718/mo rent. Total monthly income registers $3,718/mo, and a $2,221/mo payment leaves $756/mo available for distribution. Annual cash flow reaches $9,072/yr on $150,402 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $2,928/yr while 5% annual appreciation supports $125,349 over five years. Portfolio math shows five-year ROI at 135.62% and total cumulative return in cash at $203,967. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,718/mo property income against a $2,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02911, North Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,476 (100%) |
| Owner Occupied HU | 4,316 (57.7%) |
| Renter Occupied HU | 2,909 (38.9%) |
| Vacant Housing Units | 251 ( 3.4%) |
| Median Home Value | $369,934 |
| Average Home Value | $391,043 |
Housing Distribution
Address Breakdown
Residential
6,942
Single Family
5,850
Multi-Family
1,092
Businesses
364
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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