61 Madeleine AveWoonsocketRI02895
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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
Investment property for sale in Woonsocket at 61 Madeleine Ave, Woonsocket, RI, 02895 earns from $2,168/mo rent with a $1,639/mo payment. Total monthly income totals $2,168/mo. ROI tracks 19.71% on current figures, and rental yield reads 7.77% at a $334,900 purchase. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 over five years. Five-year ROI reaches 102.23% and total cumulative return in cash sums $113,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,168/mo property income instead of your personal income.
Single Family
Built in 1956
7,482 sqft lot
$N/A/sqft
No 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: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11501202