123 4th AveWoonsocketRI02895
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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 Woonsocket at 123 4th Ave, Woonsocket, RI, 02895 listed at $389,900 pairs $3,791/mo rent with a $1,908/mo payment to leave $1,246/mo cash flow. Total monthly income runs $3,791/mo, and annual cash flow reaches $14,954/yr on $129,252 cash to close. Return on cash invested measures 31.48% in year one, and rental yield registers 11.67% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 165.35% and total cumulative return in cash totals $213,721. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,791/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 7,080 (35.7%) |
| Renter Occupied HU | 11,367 (57.3%) |
| Vacant Housing Units | 1,403 ( 7.1%) |
| Median Home Value | $343,428 |
| Average Home Value | $368,259 |
Housing Distribution
Address Breakdown
Residential
17,434
Single Family
13,667
Multi-Family
3,767
Businesses
1,186
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Listed by: Sean Cardoso • Century 21 Limitless
Mls Name: StateWide MLS RI
Mls ID: #1401007