100 Prospect StManvilleRI02895
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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 Manville at 100 Prospect St, Manville, RI, 02895 listed at $318,888 pairs $2,818/mo rent with a $1,561/mo payment to leave $736/mo cash flow. Total monthly income runs $2,818/mo, and annual cash flow reaches $8,834/yr on $105,711 cash to close. Return on cash invested measures 28.27% in year one, and rental yield registers 10.6% at a $318,888 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,103 by year five. Five-year ROI tracks 148.14% and total cumulative return in cash totals $156,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,818/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1830
4,077 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 7,080 (35.7%) |
| Renter Occupied HU | 11,367 (57.3%) |
| Vacant Housing Units | 1,403 ( 7.1%) |
| Median Home Value | $343,428 |
| Average Home Value | $368,259 |
Housing Distribution
Address Breakdown
Residential
17,434
Single Family
13,667
Multi-Family
3,767
Businesses
1,186
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Listed by: Andrew Spas • BHHS Commonwealth Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1391828