534 Lonsdale AveCentral FallsRI02863
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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
Rental property for sale in Central Falls at 534 Lonsdale Ave, Central Falls, RI, 02863 offers $4,084/mo rent that, after a $2,691/mo payment, leaves $495/mo cash flow. Total monthly income is $4,084/mo, and annual cash flow is $5,938/yr on $180,917 cash. Return on cash invested measures 23.34% in year one, and rental yield stands at 8.91% at a $549,900 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,927 by year five. Five-year ROI records 121.66% and total cumulative return in cash reaches $220,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,084/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02863, Central Falls, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,168 (100%) |
| Owner Occupied HU | 1,748 (21.4%) |
| Renter Occupied HU | 5,996 (73.4%) |
| Vacant Housing Units | 424 ( 5.2%) |
| Median Home Value | $311,111 |
| Average Home Value | $309,203 |
Housing Distribution
Address Breakdown
Residential
6,316
Single Family
4,745
Multi-Family
1,571
Businesses
413
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Listed by: John Boss • BHHS Evolution Properties
Mls Name: StateWide MLS RI
Mls ID: #1387923