220 Francis Ave, North Providence, RI, 02904 | 7.36% Rental Yield

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

Total monthly income runs $2,635/mo, and a $2,104/mo payment. Purchase price stands at $429,900, and rental yield measures 7.36% with $2,635/mo rent. Return on cash invested shows 18.47% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 95.55% and total cumulative return in cash records $136,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,635/mo property income covering a $2,104/mo payment rather than investor’s personal income.

Single Family

Built in 1891

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02904, Providence, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,909 (100%)
Owner Occupied HU	7,560 (50.7%)
Renter Occupied HU	6,589 (44.2%)
Vacant Housing Units	760 ( 5.1%)
Median Home Value	$378,322
Average Home Value	$423,426