56 Arland Ct, Woonsocket, RI, 02895 | $74/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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56 Arland Ct, Woonsocket, RI, 02895 | $74/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Woonsocket at 56 Arland Ct, Woonsocket, RI, 02895 offers a 8.01% rental yield on a $500,000 purchase with $3,338/mo rent. Total monthly income registers $3,338/mo, and a $2,447/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $892/yr on $165,750 to close, and return on cash invested stands at 20.45% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 106.18% and total cumulative return in cash at $176,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,338/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home! This move-in ready raised ranch offers over 1,800 sq ft of living space on a manicured quarter-acre lot. Enjoy a spacious, open-concept kitchen with soaring ceilings and living space. The primary suite includes a private en-suite bath. Recent upgrades include new energy-efficient split units upstairs and down, with consistent maintenance throughout, and a built-in french drain system. Relax or entertain in the private backyard, or take advantage of the oversized two-car garage. Set in a quiet, friendly cul de sac neighborhood with a convenient location close to schools, shopping, and major routes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,850 (100%)
Owner Occupied HU	7,080 (35.7%)
Renter Occupied HU	11,367 (57.3%)
Vacant Housing Units	1,403 ( 7.1%)
Median Home Value	$343,428
Average Home Value	$368,259