2 Paula Ln, Cranston, RI, 02921 | 3.23% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2 Paula Ln, Cranston, RI, 02921 | 3.23% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cranston at 2 Paula Ln, Cranston, RI, 02921 at $1,524,500 posts ROI 6.16% with from $4,104/mo rent. Total monthly income equals $4,104/mo. Return on cash invested measures 6.16% and rental yield reads 3.23% at the current $1,524,500. Equity gained on principal adds $9,837/yr, and 5% annual appreciation supports $421,191 by year five. Five-year ROI prints 29.48% and total cumulative return in cash totals $145,595. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,104/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2026

0.80 Acres lot

$N/A/sqft

No HOA

More details about the property

LAST LOT AVAILABLE in the beautiful new neighborhood Pippin Orchard Estates in Western Cranston. The Wickford III is a 3,128 sq. ft. custom 2-story home by Meridian Custom Homes offering 4 bedrooms, 2.5 baths, and a 2-car garage. The exterior features solid clapboard siding, a welcoming front porch with columns, and standing seam metal roof accents. Flowing, open floor plan perfect for entertaining. The great room features a gas fireplace flanked by custom built-ins and leads into the spacious kitchen with custom cabinetry, granite countertops, and an oversized island. The primary suite includes a walk-in closet and luxurious spa bath with double sinks, soaking tub, and tiled shower. Many thoughtful details and finishes throughout. Numerous plans, finishes, and custom selections available to build to suit your needs! *Please note photos are of previously built homes and may depict additional features not included herein.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02921, Cranston, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,758 (100%)
Owner Occupied HU	4,193 (88.1%)
Renter Occupied HU	479 (10.1%)
Vacant Housing Units	86 ( 1.8%)
Median Home Value	$568,090
Average Home Value	$590,916