








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 304 Branch Ave UNIT 3, Providence, RI, 02904 listed at $345,000 pairs $2,153/mo rent with a $1,689/mo payment. Total monthly income runs $2,153/mo. Return on cash invested measures 17.1% in year one, and rental yield registers 7.49% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 88.89% and total cumulative return in cash totals $101,656. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,153/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2023
2,613 sqft lot
$N/A/sqft
$168 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 |
|---|---|---|
| 2024-11-07 | Price change | $345,000 |
| 2024-10-23 | Price change | $350,000 |
| 2024-08-14 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Emily Kheradi • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1365393
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 2024 State-Wide MLS, Inc. All rights reserved.