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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 Cranston at 18 Calef St, Cranston, RI, 02920 at $315,000 posts ROI 22.9% with $261/mo cash flow from $2,317/mo rent. Total monthly income equals $2,317/mo, and annual cash flow records $3,126/yr on $104,423 to close. Return on cash invested measures 22.9% and rental yield reads 8.83% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 119.36% and total cumulative return in cash totals $124,637.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,317/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02920, Cranston, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,407 (59.8%) |
| Renter Occupied HU | 5,650 (35.9%) |
| Vacant Housing Units | 674 ( 4.3%) |
| Median Home Value | $405,632 |
| Average Home Value | $437,567 |
Residential
15,140
Single Family
13,484
Multi-Family
1,656
Businesses
1,690
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Allen Gammons • BHHS Commonwealth Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1396465
