Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Cranston at 200 Cannon St APT 139, Cranston, RI, 02920 generates $2,995/mo in rent and, after a $1,530/mo payment, leaves $584/mo in cash flow. Total monthly income is $2,995/mo, and annual cash flow is $7,003/yr on $103,594 invested. Return on cash invested sits at 26.67% in year one, and rental yield is 11.5% on a $312,500 entry. Equity gained on principal adds $2,017/yr, while 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 141.11% and total cumulative return in cash sums $146,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,995/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
1,385 sqft lot
$N/A/sqft
$371 monthly HOA
Neighborhood data shown for ZIP Code: 02920, Cranston, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,407 (59.8%) |
| Renter Occupied HU | 5,650 (35.9%) |
| Vacant Housing Units | 674 ( 4.3%) |
| Median Home Value | $405,632 |
| Average Home Value | $437,567 |
Residential
15,140
Single Family
13,484
Multi-Family
1,656
Businesses
1,690
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Price change | $312,500 |
| 2024-09-17 | Price change | $314,900 |
| 2024-08-28 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $3742.00 | 2.10% | $198,000 | N/A |
| 2022-10-14 | $3665.00 | 2.83% | $198,000 | N/A |
| 2021-10-14 | $3564.00 | 2.56% | $198,000 | 18.35% |
Listed by: Katie Wright • Century 21 Premier Agency
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1365547
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 2024 State-Wide MLS, Inc. All rights reserved.
