








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 Providence at 539 Lloyd Ave APT 9, Providence, RI, 02906 offers a 8.12% rental yield on a $360,000 purchase with $2,436/mo rent. 59% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 87% and total cumulative return in cash at $103,821. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,436/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1920
8,529 sqft lot
$N/A/sqft
$416 monthly HOA
Neighborhood data shown for ZIP Code: 02906, Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,287 (100%) |
| Owner Occupied HU | 5,790 (43.6%) |
| Renter Occupied HU | 6,560 (49.4%) |
| Vacant Housing Units | 937 ( 7.1%) |
| Median Home Value | $637,643 |
| Average Home Value | $693,669 |
Residential
11,798
Single Family
9,618
Multi-Family
2,180
Businesses
942
Date | Event | Price |
|---|---|---|
| 2025-09-25 | Sold | $360,000 |
| 2025-09-05 | Pending sale | $342,000 |
| 2025-08-21 | Contingent | $342,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $4661.00 | 3.10% | $254,000 | N/A |
| 2023-10-16 | $4521.00 | N/A | $254,000 | N/A |
| 2022-10-16 | $4521.00 | 6.15% | $254,000 | 46.48% |



Listed by: Norma Caiazza • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1392244
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.