








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Woonsocket at 61 Collins St, Woonsocket, RI, 02895 uses $147,816 cash to close to unlock $4,412/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $3,278/mo, and a $2,182/mo payment keeps the spread at $368/mo. Purchase price stands at $445,900, and rental yield measures 8.82% with $3,278/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $123,194 over five years. Five-year ROI reaches 119.29% and total cumulative return in cash records $176,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,278/mo property income covering a $2,182/mo payment rather than investor’s personal income.
Single Family
Built in 1902
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.
| 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 |
Residential
17,434
Single Family
13,667
Multi-Family
3,767
Businesses
1,186
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $445,900 |
| 2022-01-28 | Sold | $349,900 |
| 2022-01-11 | Pending sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-20 | $3958.00 | 4.02% | $272,200 | N/A |
| 2023-04-20 | $3805.00 | N/A | $272,200 | N/A |
| 2022-04-20 | $3805.00 | 0.58% | $272,200 | 70.87% |



Listed by: Debra Fonger • Jack Conway & Co Inc.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1382252
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.