20 Doreen CtCranstonRI02921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Cranston at 20 Doreen Ct, Cranston, RI, 02921 generates $5,165/mo in rent, after a $4,135/mo payment. Total monthly income is $5,165/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 7.34% on a $844,900 entry. Equity gained on principal adds $5,452/yr, while 5% annual appreciation builds toward $233,430 over five years. Five-year ROI reaches 95.96% and total cumulative return in cash sums $266,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,165/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,634
Multi-Family
170
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Soscia • Premier Homes Realty, LLC
Mls Name: StateWide MLS RI
Mls ID: #1401073