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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Providence at 60 Hawthorne Pl APT 23, North Providence, RI, 02904 priced at $315,000 pairs $2,686/mo rent with $370/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,686/mo, and annual cash flow comes to $4,434/yr on $104,423 invested. Return on cash invested is 24.16% in year one, and rental yield stands at 10.23% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 127.15% and total cumulative return in cash reaches $132,773. For financing, Ziffy Mortgage’s DSCR program evaluates $2,686/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood data shown for ZIP Code: 02904, Providence, RI area.
| 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 |
Residential
14,276
Single Family
10,908
Multi-Family
3,368
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $315,000 |
| 2019-10-23 | Sold | $185,000 |
| 2016-11-15 | Sold | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $3787.00 | 1.04% | $228,000 | 38.77% |
| 2023-05-06 | $3748.00 | N/A | $164,300 | N/A |
| 2022-05-06 | $3748.00 | N/A | $164,300 | N/A |
Listed by: Barrows Team • Keller Williams Leading Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383820
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.
