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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 Albion at 2 Main St #22, Albion, RI, 02802 with 5% annual appreciation on a $244,900 basis while $0/mo rent supports operations. 75% in year one. Equity gained on principal adds $1,580/yr, and five-year appreciation sums $67,661 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1960
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood data shown for ZIP Code: 02802, Albion, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 181 (60.1%) |
| Renter Occupied HU | 94 (31.2%) |
| Vacant Housing Units | 26 ( 8.6%) |
| Median Home Value | $552,455 |
| Average Home Value | $551,630 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
30
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $244,900 |
| 2022-06-28 | Sold | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Listed by: Kenneth Scotti • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383245
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.
