108 Woodward AveEast ProvidenceRI02914
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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 East Providence at 108 Woodward Ave, East Providence, RI, 02914 earns from $2,446/mo rent with a $3,377/mo payment. Total monthly income totals $2,446/mo. ROI tracks 9.18% on current figures, and rental yield reads 4.25% at a $690,000 purchase. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 over five years. Five-year ROI reaches 45.72% and total cumulative return in cash sums $103,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,446/mo property income instead of your personal income.
Multi Family
Built in 1904
3,911 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02914, East Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 5,043 (50.6%) |
| Renter Occupied HU | 4,395 (44.1%) |
| Vacant Housing Units | 533 ( 5.3%) |
| Median Home Value | $380,205 |
| Average Home Value | $410,243 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
7,745
Multi-Family
1,584
Businesses
946
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Listed by: Luis Mateus • Mateus Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1386454
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.