46 Osborn StProvidenceRI02908
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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 Providence at 46 Osborn St, Providence, RI, 02908 listed at $700,000 pairs $2,562/mo rent with a $3,426/mo payment. Total monthly income runs $2,562/mo. Return on cash invested measures 9.6% in year one, and rental yield registers 4.39% at a $700,000 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 47.98% and total cumulative return in cash totals $110,500. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,562/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1910
7,893 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02908, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,787 (100%) |
| Owner Occupied HU | 6,158 (39.0%) |
| Renter Occupied HU | 8,471 (53.7%) |
| Vacant Housing Units | 1,158 ( 7.3%) |
| Median Home Value | $357,497 |
| Average Home Value | $392,124 |
Housing Distribution
Address Breakdown
Residential
13,721
Single Family
12,304
Multi-Family
1,417
Businesses
743
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Listed by: Megan Hayden • HERE Realty
Mls Name: StateWide MLS RI
Mls ID: #1395165