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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 Providence at 20 Ridgeway Ave, Providence, RI, 02909 with 5% annual appreciation on a $407,000 basis while $2,432/mo rent supports operations. 91% in year one. Equity gained on principal adds $2,626/yr, and five-year appreciation sums $112,447 alongside rental yield of 7.17%. Five-year ROI measures 92.58% and total cumulative return in cash totals $124,914. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,432/mo property income versus a $1,992/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02909, Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 5,404 (29.9%) |
| Renter Occupied HU | 11,539 (63.8%) |
| Vacant Housing Units | 1,154 ( 6.4%) |
| Median Home Value | $326,092 |
| Average Home Value | $353,365 |
Residential
15,083
Single Family
11,844
Multi-Family
3,239
Businesses
1,034
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: Helene Dominguez • D'Empire Real Estate LLC
Mls Name: StateWide MLS RI
Mls ID: #1396556
