141 Fox Ridge DrCranstonRI02921
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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 141 Fox Ridge Dr, Cranston, RI, 02921 at $1,495,000 posts ROI 1.54% with from $2,160/mo rent. Total monthly income equals $2,160/mo. Return on cash invested measures 1.54% and rental yield reads 1.73% at the current $1,495,000. Equity gained on principal adds $9,647/yr, and 5% annual appreciation supports $413,041 by year five. Five-year ROI prints 4.73% and total cumulative return in cash totals $22,897. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.46 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: Keith St. Jean • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls ID: #1403502