4 Clark StNorth ProvidenceRI02911
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Nearby investment properties with comparable prices
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 North Providence at 4 Clark St, North Providence, RI, 02911 at $415,000 posts ROI 21.36% with $166/mo cash flow from $2,875/mo rent. Total monthly income equals $2,875/mo, and annual cash flow records $1,994/yr on $137,573 to close. Return on cash invested measures 21.36% and rental yield reads 8.31% at the current $415,000. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 by year five. Five-year ROI prints 111.09% and total cumulative return in cash totals $152,829.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,875/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02911, North Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,476 (100%) |
| Owner Occupied HU | 4,316 (57.7%) |
| Renter Occupied HU | 2,909 (38.9%) |
| Vacant Housing Units | 251 ( 3.4%) |
| Median Home Value | $369,934 |
| Average Home Value | $391,043 |
Housing Distribution
Address Breakdown
Residential
6,942
Single Family
5,850
Multi-Family
1,092
Businesses
364
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Listed by: William Dubois • Smith and Oak Real Estate Co.
Mls Name: StateWide MLS RI
Mls ID: #1402239