132 Elton CirCranstonRI02921
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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 Cranston at 132 Elton Cir, Cranston, RI, 02921 listed at $579,900 pairs $2,907/mo rent with a $2,838/mo payment. Total monthly income runs $2,907/mo. Return on cash invested measures 14.54% in year one, and rental yield registers 6.02% at a $579,900 basis. Equity gained on principal adds $3,742/yr, and annual property appreciation at 5% supports $160,216 by year five. Five-year ROI tracks 74.45% and total cumulative return in cash totals $142,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,907/mo property income relative to a $2,838/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02921, Cranston, RI area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,634
Multi-Family
170
Businesses
243
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Listed by: John Moretti • Williams & Stuart Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1387622