11 Linton StProvidenceRI02908
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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 Providence at 11 Linton St, Providence, RI, 02908 at $304,900 posts ROI 28.34% with $710/mo cash flow from $2,700/mo rent. Total monthly income equals $2,700/mo, and annual cash flow records $8,520/yr on $101,074 to close. Return on cash invested measures 28.34% and rental yield reads 10.63% at the current $304,900. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,238 by year five. Five-year ROI prints 148.48% and total cumulative return in cash totals $150,074.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2,103 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02908, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,787 (100%) |
| Owner Occupied HU | 6,158 (39.0%) |
| Renter Occupied HU | 8,471 (53.7%) |
| Vacant Housing Units | 1,158 ( 7.3%) |
| Median Home Value | $357,497 |
| Average Home Value | $392,124 |
Housing Distribution
Address Breakdown
Residential
13,721
Single Family
12,304
Multi-Family
1,417
Businesses
743
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Listed by: Brooke Buckett • RE/MAX River's Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1372108
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 2024 State-Wide MLS, Inc. All rights reserved.