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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 Woonsocket at 221 Patton Rd, Woonsocket, RI, 02895 priced at $369,900 pairs $1,914/mo rent with after a $1,810/mo payment. Total monthly income equals $1,914/mo. Return on cash invested is 15.01% in year one, and rental yield stands at 6.21% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 77.03% and total cumulative return in cash reaches $94,450. For financing, Ziffy Mortgage’s DSCR program evaluates $1,914/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 7,080 (35.7%) |
| Renter Occupied HU | 11,367 (57.3%) |
| Vacant Housing Units | 1,403 ( 7.1%) |
| Median Home Value | $343,428 |
| Average Home Value | $368,259 |
Residential
17,434
Single Family
13,667
Multi-Family
3,767
Businesses
1,186
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $369,900 |
| 2014-03-28 | Sold | $155,000 |
| 2014-01-02 | Price change | $157,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-05 | $3493.00 | 4.02% | $240,200 | N/A |
| 2023-05-05 | $3358.00 | N/A | $240,200 | N/A |
| 2022-05-05 | $3358.00 | -10.12% | $240,200 | 52.70% |
Listed by: Bethanie Volpe • Williams & Stuart Real Estate
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383813
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.
