139 Early StProvidenceRI02907
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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 Providence at 139 Early St, Providence, RI, 02907 with 5% annual appreciation on a $429,900 basis while $3,521/mo rent supports operations. Total monthly income totals $3,521/mo and a $2,104/mo payment preserves $715/mo for cash returns. Annual cash flow comes to $8,578/yr on $142,512 deployed, and return on cash invested reaches 25.93% in year one. Equity gained on principal adds $2,774/yr, and five-year appreciation sums $118,773 alongside rental yield of 9.83%. Five-year ROI measures 135.56% and total cumulative return in cash totals $193,183.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,521/mo property income versus a $2,104/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
2,892 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02907, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,661 (100%) |
| Owner Occupied HU | 2,961 (27.8%) |
| Renter Occupied HU | 7,081 (66.4%) |
| Vacant Housing Units | 619 ( 5.8%) |
| Median Home Value | $351,850 |
| Average Home Value | $403,428 |
Housing Distribution
Address Breakdown
Residential
8,964
Single Family
7,561
Multi-Family
1,403
Businesses
1,034
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Listed by: Juan Tejada • Innovations Realty
Mls Name: StateWide MLS RI
Mls ID: #1402815