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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 $3,474/mo, and a $3,764/mo payment. Purchase price stands at $769,000, and rental yield measures 5.42% with $3,474/mo rent. Return on cash invested shows 6.5% in year one, and 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 33.6% and total cumulative return in cash records $85,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,474/mo property income covering a $3,764/mo payment rather than investor’s personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
$1,313 monthly HOA
Neighborhood data shown for ZIP Code: 02903, Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,210 (100%) |
| Owner Occupied HU | 849 (11.8%) |
| Renter Occupied HU | 5,578 (77.4%) |
| Vacant Housing Units | 783 (10.9%) |
| Median Home Value | $506,192 |
| Average Home Value | $509,519 |
Residential
6,543
Single Family
2,417
Multi-Family
4,126
Businesses
2,221
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $769,000 |
| 2017-06-26 | Sold | $490,000 |
| 2017-02-28 | Price change | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $10929.00 | 3.08% | $595,600 | N/A |
| 2023-04-16 | $10602.00 | N/A | $595,600 | N/A |
| 2022-04-16 | $10602.00 | -12.70% | $595,600 | 20.44% |
Listed by: Joshua Cullion • Mott & Chace Sotheby's Intl.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1381375
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.
