42 Netherlands AveCranstonRI02905
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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 Cranston at 42 Netherlands Ave, Cranston, RI, 02905 at $390,000 posts ROI 21.95% with $220/mo cash flow from $2,766/mo rent. Total monthly income equals $2,766/mo, and annual cash flow records $2,640/yr on $129,285 to close. Return on cash invested measures 21.95% and rental yield reads 8.51% at the current $390,000. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 by year five. Five-year ROI prints 114.23% and total cumulative return in cash totals $147,680.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,766/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1934
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02905, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,148 (100%) |
| Owner Occupied HU | 4,556 (44.9%) |
| Renter Occupied HU | 5,031 (49.6%) |
| Vacant Housing Units | 561 ( 5.5%) |
| Median Home Value | $384,429 |
| Average Home Value | $415,921 |
Housing Distribution
Address Breakdown
Residential
8,927
Single Family
8,066
Multi-Family
861
Businesses
857
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Listed by: Rachel Wills • Peter M. Scotti & Assoc.,Inc.
Mls Name: StateWide MLS RI
Mls ID: #1400783