Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cranston at 14 Grove Ave, Cranston, RI, 02910 listed at $360,000 pairs $2,977/mo rent with a $1,762/mo payment to leave $627/mo cash flow. Total monthly income runs $2,977/mo, and annual cash flow reaches $7,524/yr on $119,340 cash to close. Return on cash invested measures 26.21% in year one, and rental yield registers 9.92% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 137.08% and total cumulative return in cash totals $163,593. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,977/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
6,337 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02910, Cranston, RI area.
| 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 |
Residential
8,771
Single Family
8,537
Multi-Family
234
Businesses
999
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | $3985.00 | -0.65% | $292,800 | 37.98% |
| 2023-04-12 | $4011.00 | 2.11% | $212,200 | N/A |
| 2022-04-12 | $3928.00 | 2.83% | $212,200 | N/A |
Listed by: The Home Team • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1381852
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.
