444 Woodward Rd APT 48North ProvidenceRI02904
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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 North Providence at 444 Woodward Rd APT 48, North Providence, RI, 02904 offers a 9.27% rental yield on a $160,000 purchase with $1,236/mo rent. 49% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 102.79% and total cumulative return in cash at $54,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,236/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02904, Providence, RI area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
10,908
Multi-Family
3,368
Businesses
1,012
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Listed by: Sebastian Casas • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1378029
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.