45 Silo DrCranstonRI02921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Silo Dr, Cranston, RI, 02921 at $750,000 posts ROI 21.9% with $378/mo cash flow from $5,274/mo rent. Total monthly income equals $5,274/mo, and annual cash flow records $4,536/yr on $246,750 to close. Return on cash invested measures 21.9% and rental yield reads 8.44% at the current $750,000. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 by year five. Five-year ROI prints 113.92% and total cumulative return in cash totals $281,094.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,274/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02921, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,758 (100%) |
| Owner Occupied HU | 4,193 (88.1%) |
| Renter Occupied HU | 479 (10.1%) |
| Vacant Housing Units | 86 ( 1.8%) |
| Median Home Value | $568,090 |
| Average Home Value | $590,916 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,634
Multi-Family
170
Businesses
243
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Nearby investment properties with comparable prices
Listed by: Deborah Burlingame • Re/Max Bell Park
Mls Name: StateWide MLS RI
Mls ID: #1390517