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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 Woonsocket at 244 Paradis Ave, Woonsocket, RI, 02895 earns from $2,357/mo rent with a $3,059/mo payment. Total monthly income totals $2,357/mo. ROI tracks 10.01% on current figures, and rental yield reads 4.53% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 50.17% and total cumulative return in cash sums $103,153. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,357/mo property income instead of your personal income.
Multi Family
Built in 1900
4,791 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 |
|---|---|---|
| 2025-05-27 | Price change | $625,000 |
| 2025-05-07 | Price change | $699,990 |
| 2025-04-14 | Listed for sale | $719,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Manocchio • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1385983
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.
