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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% |
Rental property for sale in Woonsocket at 167 Myette St, Woonsocket, RI, 02895 priced at $399,999 converts $2,642/mo rent into $31/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,642/mo, and annual cash flow totals $368/yr on $132,600 invested. Return on cash invested prints 20.19% in year one, and rental yield reads 7.93% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 104.77% and total cumulative return in cash sums $138,927. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,642/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.30 Acres 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $399,999 |
| 2022-06-08 | Sold | $325,000 |
| 2022-05-10 | Pending sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $3516.00 | 4.02% | $241,800 | N/A |
| 2023-04-26 | $3380.00 | N/A | $241,800 | N/A |
| 2022-04-26 | $3380.00 | -12.48% | $241,800 | 48.71% |
Listed by: Linara Andrade • June Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1382528
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.
