124 Pleasant StCranstonRI02910
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 124 Pleasant St, Cranston, RI, 02910 listed at $549,900 pairs $2,944/mo rent with a $2,691/mo payment. Total monthly income runs $2,944/mo. Return on cash invested measures 15.78% in year one, and rental yield registers 6.42% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 81.11% and total cumulative return in cash totals $146,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,944/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1968
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02910, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,132 (100%) |
| Owner Occupied HU | 5,914 (64.8%) |
| Renter Occupied HU | 2,888 (31.6%) |
| Vacant Housing Units | 330 ( 3.6%) |
| Median Home Value | $357,670 |
| Average Home Value | $384,889 |
Housing Distribution
Address Breakdown
Residential
8,771
Single Family
8,537
Multi-Family
234
Businesses
999
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Grady • Century 21 Luxe Property Grp
Mls Name: StateWide MLS RI
Mls ID: #1393391