35 Waldo St #2PawtucketRI02860
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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 Pawtucket at 35 Waldo St #2, Pawtucket, RI, 02860 listed at $274,900 pairs $2,221/mo rent with a $1,346/mo payment to leave $152/mo cash flow. Total monthly income runs $2,221/mo, and annual cash flow reaches $1,824/yr on $91,129 cash to close. Return on cash invested measures 21.91% in year one, and rental yield registers 9.7% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 115.32% and total cumulative return in cash totals $105,087. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,221/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02860, Pawtucket, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,375 (100%) |
| Owner Occupied HU | 7,147 (31.9%) |
| Renter Occupied HU | 13,685 (61.2%) |
| Vacant Housing Units | 1,543 ( 6.9%) |
| Median Home Value | $367,412 |
| Average Home Value | $395,769 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
14,536
Multi-Family
4,715
Businesses
1,510
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11408195