128 Wollaston StCranstonRI02910
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 128 Wollaston St, Cranston, RI, 02910 in Cranston earns a 8.75% gross yield at $524,900. Rent of $3,829/mo nets $403/mo after the $2,360/mo mortgage. The 1.62 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $145,020 and $4,834/yr in equity accumulation project a total cumulative return of $225,739.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.8% |
| Monthly Cash Flow | $403 | $420 |
City averages based on Cranston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,829 |
| Total Monthly Debt Service | $3,218 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
3,201 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
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
Single Family
Built in 2025
3,201 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: N/A • N/A
Mls Name: StateWide MLS RI
Mls ID: #1406622