155 Quarry StEast ProvidenceRI02914
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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 East Providence at 155 Quarry St, East Providence, RI, 02914 uses $124,313 cash to close to unlock $906/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $2,523/mo, and a $1,835/mo payment keeps the spread at $76/mo. Purchase price stands at $375,000, and rental yield measures 8.07% with $2,523/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash records $133,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,523/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,146 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02914, East Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 5,043 (50.6%) |
| Renter Occupied HU | 4,395 (44.1%) |
| Vacant Housing Units | 533 ( 5.3%) |
| Median Home Value | $380,205 |
| Average Home Value | $410,243 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
7,745
Multi-Family
1,584
Businesses
946
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Listed by: Mark Burrell • Chart House, REALTORS
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1386040
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.