45 Rosemary StCranstonRI02920
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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 45 Rosemary St, Cranston, RI, 02920 listed at $619,000 pairs $4,428/mo rent with a $3,030/mo payment to leave $387/mo cash flow. Total monthly income runs $4,428/mo, and annual cash flow reaches $4,644/yr on $203,651 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 8.58% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 116.28% and total cumulative return in cash totals $236,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,428/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
8,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02920, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,407 (59.8%) |
| Renter Occupied HU | 5,650 (35.9%) |
| Vacant Housing Units | 674 ( 4.3%) |
| Median Home Value | $405,632 |
| Average Home Value | $437,567 |
Housing Distribution
Address Breakdown
Residential
15,140
Single Family
13,484
Multi-Family
1,656
Businesses
1,690
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Listed by: Joseph Mullen • BHHS Pinnacle Realty
Mls Name: StateWide MLS RI
Mls ID: #1390324