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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 16 Canal St, Woonsocket, RI, 02895 earns $455/mo cash flow from $2,576/mo rent with a $1,590/mo payment. Total monthly income totals $2,576/mo, and annual cash flow totals $5,464/yr on $107,704 capital. ROI tracks 24.98% on current figures, and rental yield reads 9.51% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 130.51% and total cumulative return in cash sums $140,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,576/mo property income instead of your personal income.
Single Family
Built in 1910
1,742 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $324,900 |
| 2024-08-07 | Sold | $335,000 |
| 2024-07-03 | Pending sale | $294,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $2709.00 | 4.03% | $186,300 | N/A |
| 2023-05-06 | $2604.00 | N/A | $186,300 | N/A |
| 2022-05-06 | $2604.00 | -4.51% | $186,300 | 62.28% |
Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11472549
