607 Brookhaven LnWoonsocketRI02895
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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
Investment Highlights
Rental property for sale in Woonsocket at 607 Brookhaven Ln, Woonsocket, RI, 02895 priced at $372,400 pairs $3,329/mo rent with $538/mo cash flow after a $1,823/mo payment. Total monthly income equals $3,329/mo, and annual cash flow comes to $6,453/yr on $123,451 invested. Return on cash invested is 25.14% in year one, and rental yield stands at 10.73% on a $372,400 basis. Equity gained on principal adds $2,403/yr, and 5% annual appreciation accumulates to $102,887 by year five. Five-year ROI measures 132.59% and total cumulative return in cash reaches $163,683. For financing, Ziffy Mortgage’s DSCR program evaluates $3,329/mo property income against a $1,823/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$360 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
17,434
Single Family
13,667
Multi-Family
3,767
Businesses
1,186
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Listed by: Se Lee • Redfin Corporation
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1384893
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.