6 Utter St, North Providence, RI, 02904 | 7.31% Rental Yield

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6 Utter St, North Providence, RI, 02904 | 7.31% Rental Yield | 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 North Providence at 6 Utter St, North Providence, RI, 02904 at $659,900 posts ROI 18.46% with from $4,018/mo rent. Total monthly income equals $4,018/mo. Return on cash invested measures 18.46% and rental yield reads 7.31% at the current $659,900. Equity gained on principal adds $4,258/yr, and 5% annual appreciation supports $182,318 by year five. Five-year ROI prints 95.49% and total cumulative return in cash totals $207,326. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,018/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2007

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 2,560 sq ft colonial home tucked away on a beautiful dead end street. Thus spacious residence combines timeless charm with modern features including gleaming hardwoods and wainscoting throughout. The heart of the home is the oversized gourmet kitchen, complete with high-end appliances, abundant counter space, and custom cabinetry- perfect for cooking, entertaining and gathering with family. The open and inviting layout flows seamlessly into the dining and living areas, creating a warm and welcoming atmosphere. Upstairs you'll find 3 generous bedrooms and 2 full baths including a serene primary suite with plenty of closet space and a private en site bath.A bonus room above the garage offers endless possibilities- ideal for a home office, gym, play room, or guest suite. Step outside to enjoy a huge, fully fenced in yard, offering both privacy and space for outdoor activities, gardening, or simply relaxing on the patio. With it's classic design, premium finishes, and tranquil location, this home perfectly blends comfort, style, andconvenience- ready for you to move right in and make it your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02904, Providence, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,909 (100%)
Owner Occupied HU	7,560 (50.7%)
Renter Occupied HU	6,589 (44.2%)
Vacant Housing Units	760 ( 5.1%)
Median Home Value	$378,322
Average Home Value	$423,426