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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 Pawtucket at 23 Carson St, Pawtucket, RI, 02860 listed at $599,900 pairs $1,820/mo rent with a $2,936/mo payment. Total monthly income runs $1,820/mo. Return on cash invested measures 7.32% in year one, and rental yield registers 3.64% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 35.75% and total cumulative return in cash totals $70,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,820/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1880
3,171 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Price change | $599,900 |
| 2025-05-27 | Listed for sale | $549,900 |
| 2025-02-27 | Sold | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $4487.00 | 18.08% | $363,600 | 58.64% |
| 2023-06-03 | $3800.00 | N/A | $229,200 | N/A |
| 2022-06-03 | $3800.00 | N/A | $229,200 | N/A |
Listed by: Juan Tejada • RE/MAX Innovations
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1385972
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.
