








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Providence at 11 Elmcroft Ave, Providence, RI, 02909 at $549,900 posts ROI 20.78% with $108/mo cash flow from $3,697/mo rent. Total monthly income equals $3,697/mo, and annual cash flow records $1,294/yr on $180,917 to close. Return on cash invested measures 20.78% and rental yield reads 8.07% at the current $549,900. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 by year five. Five-year ROI prints 107.89% and total cumulative return in cash totals $195,194.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,697/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
7,021 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02909, Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 5,404 (29.9%) |
| Renter Occupied HU | 11,539 (63.8%) |
| Vacant Housing Units | 1,154 ( 6.4%) |
| Median Home Value | $326,092 |
| Average Home Value | $353,365 |
Residential
15,083
Single Family
11,844
Multi-Family
3,239
Businesses
1,034
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $549,900 |
| 2021-05-17 | Sold | $371,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $6197.00 | 3.09% | $337,700 | N/A |
| 2023-06-03 | $6011.00 | N/A | $337,700 | N/A |
| 2022-06-03 | $6011.00 | 3.66% | $337,700 | 43.03% |



Listed by: Brooke Buckett • RE/MAX River's Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1385507
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.