58 Cranston St, Woonsocket, RI, 02895 | $622/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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58 Cranston St, Woonsocket, RI, 02895 | $622/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 58 Cranston St, Woonsocket, RI, 02895 with 5% annual appreciation on a $369,900 basis while $3,036/mo rent supports operations. Total monthly income totals $3,036/mo and a $1,810/mo payment preserves $622/mo for cash returns. Annual cash flow comes to $7,462/yr on $122,622 deployed, and return on cash invested reaches 25.99% in year one. Equity gained on principal adds $2,387/yr, and five-year appreciation sums $102,197 alongside rental yield of 9.85%. Five-year ROI measures 135.91% and total cumulative return in cash totals $166,654.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,036/mo property income versus a $1,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1925

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! This charming and well-maintained four-bedroom Cape offers a versatile layout and inviting spaces throughout. The main level features a spacious double living area, a kitchen, two bedrooms, a full bathroom, and an enclosed porchperfect for relaxing or entertaining. Upstairs, you'll find two additional bedrooms, ideal for family, guests, or a home office. The basement provides laundry facilities, utility access, and ample storage space. Step outside to enjoy a large, fenced-in side yardperfect for summer BBQs, gardening, or play. A detached garage adds even more storage and convenience. With connections to city water and sewer, this home blends classic charm with modern practicality. Subject to seller finding suitable housing.

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