199 Gallup St, Providence, RI, 02905 | 5.93% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
891 sft

54 Silver Lake Ave, Providence, RI, 02909

2 Bed
1 Bath
997 sft

510 Child St APT 201C, Warren, RI, 02885

3 Bed
2 Bath
1992 sft

8 Mendon St #8, Blackstone, MA, 01504

2 Bed
1 Bath
702 sft

236 Bark St, Swansea, MA, 02777

Nearby investment properties with comparable prices

3 Bed
1 Bath
1557 sft

1325 Park St, Attleboro, MA, 02703

3 Bed
2 Bath
1900 sft

31 Washington St, North Providence, RI, 02904

4 Bed
2 Bath
1184 sft

63 Hope St, Attleboro, MA, 02703

2 Bed
2 Bath
1123 sft

17 Holbrook Ave, North Attleboro, MA, 02760

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Providence at 199 Gallup St, Providence, RI, 02905 earns from $2,819/mo rent with a $2,790/mo payment. Total monthly income totals $2,819/mo. ROI tracks 14.29% on current figures, and rental yield reads 5.93% at a $570,000 purchase. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,480 over five years. Five-year ROI reaches 73.11% and total cumulative return in cash sums $137,101. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,819/mo property income instead of your personal income.

Multi Family

Built in 1930

3,201 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02905, Providence, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,148 (100%)
Owner Occupied HU	4,556 (44.9%)
Renter Occupied HU	5,031 (49.6%)
Vacant Housing Units	561 ( 5.5%)
Median Home Value	$384,429
Average Home Value	$415,921