26 Ames StProvidenceRI02909
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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 Providence at 26 Ames St, Providence, RI, 02909 listed at $564,900 pairs $2,867/mo rent with a $2,765/mo payment. Total monthly income runs $2,867/mo. Return on cash invested measures 14.76% in year one, and rental yield registers 6.09% at a $564,900 basis. Equity gained on principal adds $3,645/yr, and annual property appreciation at 5% supports $156,071 by year five. Five-year ROI tracks 75.66% and total cumulative return in cash totals $140,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,867/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02909, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 5,404 (29.9%) |
| Renter Occupied HU | 11,539 (63.8%) |
| Vacant Housing Units | 1,154 ( 6.4%) |
| Median Home Value | $326,092 |
| Average Home Value | $353,365 |
Housing Distribution
Address Breakdown
Residential
15,083
Single Family
11,844
Multi-Family
3,239
Businesses
1,034
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Listed by: N/A • N/A
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