390 Weeden StPawtucketRI02860
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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 390 Weeden St, Pawtucket, RI, 02860 listed at $630,000 pairs $1,967/mo rent with a $3,084/mo payment. Total monthly income runs $1,967/mo. Return on cash invested measures 7.64% in year one, and rental yield registers 3.75% at a $630,000 basis. Equity gained on principal adds $4,065/yr, and annual property appreciation at 5% supports $174,057 by year five. Five-year ROI tracks 37.43% and total cumulative return in cash totals $77,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,967/mo property income relative to a $3,084/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No 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: Johanny Del Jesus • William Raveis Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1398492