








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 Providence at 300 Smithfield Rd UNIT B3-18, Providence, RI, 02904 earns $151/mo cash flow from $1,841/mo rent with a $1,096/mo payment. Total monthly income totals $1,841/mo, and annual cash flow totals $1,814/yr on $74,256 capital. ROI tracks 22.35% on current figures, and rental yield reads 9.86% at a $224,000 purchase. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,887 over five years. Five-year ROI reaches 117.77% and total cumulative return in cash sums $87,451. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,841/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$228 monthly 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 |
|---|---|---|
| 2025-06-16 | Price change | $224,000 |
| 2025-05-08 | Listed for sale | $229,000 |
| 2025-02-21 | Listing removed | $214,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Anna Hsiao • Coastline Realty LLC
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1387715
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.