41 Monticello StProvidenceRI02903
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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 Providence at 41 Monticello St, Providence, RI, 02903 earns $1,085/mo cash flow from $3,234/mo rent with a $1,611/mo payment. Total monthly income totals $3,234/mo, and annual cash flow totals $13,026/yr on $109,097 capital. ROI tracks 31.85% on current figures, and rental yield reads 11.79% at a $329,100 purchase. Equity gained on principal adds $2,124/yr, and 5% annual appreciation supports $90,924 over five years. Five-year ROI reaches 167.33% and total cumulative return in cash sums $182,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,234/mo property income instead of your personal income.
Single Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02903, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,210 (100%) |
| Owner Occupied HU | 849 (11.8%) |
| Renter Occupied HU | 5,578 (77.4%) |
| Vacant Housing Units | 783 (10.9%) |
| Median Home Value | $506,192 |
| Average Home Value | $509,519 |
Housing Distribution
Address Breakdown
Residential
6,543
Single Family
2,417
Multi-Family
4,126
Businesses
2,221
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Listed by: N/A • N/A
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