11 Queen StCranstonRI02920
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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 Cranston at 11 Queen St, Cranston, RI, 02920 at $349,850 posts ROI 20.26% with $34/mo cash flow from $2,317/mo rent. Total monthly income equals $2,317/mo, and annual cash flow records $403/yr on $115,975 to close. Return on cash invested measures 20.26% and rental yield reads 7.95% at the current $349,850. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,657 by year five. Five-year ROI prints 105.16% and total cumulative return in cash totals $121,959.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,317/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02920, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,407 (59.8%) |
| Renter Occupied HU | 5,650 (35.9%) |
| Vacant Housing Units | 674 ( 4.3%) |
| Median Home Value | $405,632 |
| Average Home Value | $437,567 |
Housing Distribution
Address Breakdown
Residential
15,140
Single Family
13,484
Multi-Family
1,656
Businesses
1,690
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Listed by: Zachary Samborsky • Keller Williams Coastal
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1392242
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.