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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 24 Hazel St, Pawtucket, RI, 02860 offers a 4.53% rental yield on a $350,000 purchase with $1,320/mo rent. 93% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 49.81% and total cumulative return in cash at $57,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
4,791 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 |
|---|---|---|
| 2025-02-18 | Listed for sale | $350,000 |
| 2020-07-21 | Listing removed | $1,650 |
| 2020-06-23 | Listed for rent | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-19 | $3160.00 | 1.15% | $256,100 | 35.93% |
| 2023-02-19 | $3124.00 | N/A | $188,400 | N/A |
| 2022-02-19 | $3124.00 | N/A | $188,400 | N/A |
Listed by: Sara Karalekas • Harbors & Homes RE & Appraisal
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1378312
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.
