








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 Woonsocket at 148 Bernon St APT 23, Woonsocket, RI, 02895 earns $432/mo cash flow from $2,312/mo rent with a $1,126/mo payment. Total monthly income totals $2,312/mo, and annual cash flow totals $5,188/yr on $76,245 capital. ROI tracks 26.71% on current figures, and rental yield reads 12.06% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash sums $108,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,312/mo property income instead of your personal income.
Condo
Built in 1870
N/A lot
$N/A/sqft
$378 monthly HOA
Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 7,080 (35.7%) |
| Renter Occupied HU | 11,367 (57.3%) |
| Vacant Housing Units | 1,403 ( 7.1%) |
| Median Home Value | $343,428 |
| Average Home Value | $368,259 |
Residential
17,434
Single Family
13,667
Multi-Family
3,767
Businesses
1,186
Date | Event | Price |
|---|---|---|
| 2025-09-26 | Sold | $230,000 |
| 2025-08-16 | Pending sale | $209,900 |
| 2025-08-14 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $2370.00 | 3.99% | $163,000 | N/A |
| 2023-10-16 | $2279.00 | N/A | $163,000 | N/A |
| 2022-10-16 | $2279.00 | 11.55% | $163,000 | 89.53% |



Listed by: Marcus Randolph • eXp Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1392663
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.