




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 Cranston at 11 Sparrow Ln, Cranston, RI, 02921 earns $104/mo cash flow from $5,032/mo rent with a $3,695/mo payment. Total monthly income totals $5,032/mo, and annual cash flow totals $1,246/yr on $248,395 capital. ROI tracks 20.56% on current figures, and rental yield reads 8% at a $755,000 purchase. Equity gained on principal adds $4,872/yr, and 5% annual appreciation supports $208,593 over five years. Five-year ROI reaches 106.75% and total cumulative return in cash sums $265,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,032/mo property income instead of your personal income.
Single Family
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02921, Cranston, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,758 (100%) |
| Owner Occupied HU | 4,193 (88.1%) |
| Renter Occupied HU | 479 (10.1%) |
| Vacant Housing Units | 86 ( 1.8%) |
| Median Home Value | $568,090 |
| Average Home Value | $590,916 |
Residential
4,804
Single Family
4,634
Multi-Family
170
Businesses
243
Date | Event | Price |
|---|---|---|
| 2025-07-23 | Sold | $755,000 |
| 2024-11-20 | Listed for sale | $749,900 |
| 2024-11-04 | Listing removed | $799,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-09 | $9112.00 | 0.09% | $669,500 | 38.99% |
| 2023-09-09 | $9104.00 | 2.11% | $481,700 | N/A |
| 2022-09-09 | $8916.00 | 2.83% | $481,700 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A