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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 42 Batcheller Ave, Providence, RI, 02904 uses $140,888 cash to close to unlock $1,258/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $2,879/mo, and a $2,080/mo payment keeps the spread at $105/mo. Purchase price stands at $425,000, and rental yield measures 8.13% with $2,879/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 108.07% and total cumulative return in cash records $152,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,879/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,705 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-10 | $5384.00 | 3.08% | $293,400 | N/A |
| 2023-05-10 | $5223.00 | N/A | $293,400 | N/A |
| 2022-05-10 | $5223.00 | -3.30% | $293,400 | 33.42% |
Listed by: Sebastian Casas • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383836
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 2025 State-Wide MLS, Inc. All rights reserved.
