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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% |
Investment property for sale in North Providence at 53 Columbus Ave APT 408, North Providence, RI, 02911 earns $561/mo cash flow from $2,659/mo rent with a $1,438/mo payment. Total monthly income totals $2,659/mo, and annual cash flow totals $6,735/yr on $97,362 capital. ROI tracks 26.83% on current figures, and rental yield reads 10.86% at a $293,700 purchase. Equity gained on principal adds $1,895/yr, and 5% annual appreciation supports $81,144 over five years. Five-year ROI reaches 141.21% and total cumulative return in cash sums $137,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,659/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$180 monthly HOA
Neighborhood data shown for ZIP Code: 02911, North Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,476 (100%) |
| Owner Occupied HU | 4,316 (57.7%) |
| Renter Occupied HU | 2,909 (38.9%) |
| Vacant Housing Units | 251 ( 3.4%) |
| Median Home Value | $369,934 |
| Average Home Value | $391,043 |
Residential
6,942
Single Family
5,850
Multi-Family
1,092
Businesses
364
Date | Event | Price |
|---|---|---|
| 2025-09-08 | Listing removed | $295,000 |
| 2025-08-21 | Listed for sale | $295,000 |
| 2020-09-22 | Sold | $158,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $3387.00 | -5.47% | $203,900 | 29.79% |
| 2023-10-21 | $3583.00 | N/A | $157,100 | N/A |
| 2022-10-21 | $3583.00 | N/A | $157,100 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
