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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% |
Rental property for sale in Woonsocket at 426 S Main St, Woonsocket, RI, 02895 priced at $449,000 pairs $4,264/mo rent with $1,333/mo cash flow after a $2,198/mo payment. Total monthly income equals $4,264/mo, and annual cash flow comes to $15,992/yr on $148,844 invested. Return on cash invested is 30.65% in year one, and rental yield stands at 11.4% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 160.91% and total cumulative return in cash reaches $239,500. For financing, Ziffy Mortgage’s DSCR program evaluates $4,264/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1845
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 7,080 (35.7%) |
| Renter Occupied HU | 11,367 (57.3%) |
| Vacant Housing Units | 1,403 ( 7.1%) |
| Median Home Value | $343,428 |
| Average Home Value | $368,259 |
Residential
17,434
Single Family
13,667
Multi-Family
3,767
Businesses
1,186
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Contingent | $409,999 |
| 2025-01-22 | Price change | $409,999 |
| 2025-01-05 | Listed for sale | $424,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-19 | $4077.00 | 4.01% | $280,400 | N/A |
| 2023-02-19 | $3920.00 | N/A | $280,400 | N/A |
| 2022-02-19 | $3920.00 | -17.65% | $280,400 | 39.92% |
Listed by: Louise Fontaine • Fontaine Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73311766
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
