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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Johnston at 11 Traver Ave UNIT 1, Johnston, RI, 02919 at $169,900 posts ROI 24.91% with $235/mo cash flow from $1,344/mo rent. Total monthly income equals $1,344/mo, and annual cash flow records $2,814/yr on $56,322 to close. Return on cash invested measures 24.91% and rental yield reads 9.49% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 130.12% and total cumulative return in cash totals $73,286.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,344/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02919, Johnston, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,630 (100%) |
| Owner Occupied HU | 8,689 (68.8%) |
| Renter Occupied HU | 3,472 (27.5%) |
| Vacant Housing Units | 469 ( 3.7%) |
| Median Home Value | $408,882 |
| Average Home Value | $428,372 |
Residential
12,608
Single Family
11,503
Multi-Family
1,105
Businesses
1,373
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karl Martone • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls ID: #1399354
