102 Dixon St #12ProvidenceRI02907
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
Investment property for sale in Providence at 102 Dixon St #12, Providence, RI, 02907 earns $131/mo cash flow from $1,953/mo rent with a $1,366/mo payment. Total monthly income totals $1,953/mo, and annual cash flow totals $1,576/yr on $92,489 capital. ROI tracks 21.61% on current figures, and rental yield reads 8.4% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 112.45% and total cumulative return in cash sums $103,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,953/mo property income instead of your personal income.
Townhouse
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02907, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,661 (100%) |
| Owner Occupied HU | 2,961 (27.8%) |
| Renter Occupied HU | 7,081 (66.4%) |
| Vacant Housing Units | 619 ( 5.8%) |
| Median Home Value | $351,850 |
| Average Home Value | $403,428 |
Housing Distribution
Address Breakdown
Residential
8,964
Single Family
7,561
Multi-Family
1,403
Businesses
1,034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zhiyu Ding • Longvin Realty Inc
Mls Name: StateWide MLS RI
Mls ID: #1401348