








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 North Providence at 300 Smithfield Rd APT 5-53, North Providence, RI, 02904 earns $437/mo cash flow from $1,579/mo rent with a $856/mo payment. Total monthly income totals $1,579/mo, and annual cash flow totals $5,248/yr on $57,979 capital. ROI tracks 28.96% on current figures, and rental yield reads 10.83% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 151.87% and total cumulative return in cash sums $88,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,579/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02904, Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,909 (100%) |
| Owner Occupied HU | 7,560 (50.7%) |
| Renter Occupied HU | 6,589 (44.2%) |
| Vacant Housing Units | 760 ( 5.1%) |
| Median Home Value | $378,322 |
| Average Home Value | $423,426 |
Residential
14,276
Single Family
10,908
Multi-Family
3,368
Businesses
1,012
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Emanuel Galante • Keller Williams South Watuppa
Mls Name: StateWide MLS RI
Mls ID: #1401785