25 Sharon St #1CranstonRI02910
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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
Investment Highlights
Investment property for sale in Cranston at 25 Sharon St #1, Cranston, RI, 02910 uses $85,404 cash to close to unlock $13,442/yr annual cash flow and $1,120/mo monthly cash flow. Total monthly income runs $3,152/mo, and a $1,261/mo payment keeps the spread at $1,120/mo. Purchase price stands at $257,629, and rental yield measures 14.68% with $3,152/mo rent. Return on cash invested shows 35.65% in year one, and 5% annual appreciation builds toward $71,178 over five years. Five-year ROI reaches 189.52% and total cumulative return in cash records $161,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,152/mo property income covering a $1,261/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02910, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,132 (100%) |
| Owner Occupied HU | 5,914 (64.8%) |
| Renter Occupied HU | 2,888 (31.6%) |
| Vacant Housing Units | 330 ( 3.6%) |
| Median Home Value | $357,670 |
| Average Home Value | $384,889 |
Housing Distribution
Address Breakdown
Residential
8,771
Single Family
8,537
Multi-Family
234
Businesses
999
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Listed by: Monica Sye • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1388195
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.