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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% |
Rental property for sale in North Providence at 20 Zambarano Ave APT 202, North Providence, RI, 02911 generates $1,867/mo in rent and, after a $856/mo payment, leaves $427/mo in cash flow. Total monthly income is $1,867/mo, and annual cash flow is $5,128/yr on $57,979 invested. Return on cash invested sits at 28.75% in year one, and rental yield is 12.81% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 152.99% and total cumulative return in cash sums $88,704. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,867/mo property income rather than buyer’s personal income.
Condo
Built in 1987
757.94 sqft lot
$N/A/sqft
$298 monthly HOA
Neighborhood data shown for ZIP Code: 02911, North Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,476 (100%) |
| Owner Occupied HU | 4,316 (57.7%) |
| Renter Occupied HU | 2,909 (38.9%) |
| Vacant Housing Units | 251 ( 3.4%) |
| Median Home Value | $369,934 |
| Average Home Value | $391,043 |
Residential
6,942
Single Family
5,850
Multi-Family
1,092
Businesses
364
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listed for sale | $174,900 |
| 2022-04-29 | Sold | $165,000 |
| 2022-03-14 | Pending sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-07 | $2531.00 | 8.16% | $152,400 | 48.54% |
| 2023-06-07 | $2340.00 | N/A | $102,600 | N/A |
| 2022-06-07 | $2340.00 | N/A | $102,600 | N/A |
What's Special
Attic Storage
Listed by: Bryan Chase • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1385922
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.
