63 Loring StWoonsocketRI02895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 63 Loring St, Woonsocket, RI, 02895 at $334,900 posts ROI 23.65% with $346/mo cash flow from $2,532/mo rent. Total monthly income equals $2,532/mo, and annual cash flow records $4,152/yr on $111,019 to close. Return on cash invested measures 23.65% and rental yield reads 9.07% at the current $334,900. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 by year five. Five-year ROI prints 123.33% and total cumulative return in cash totals $136,921.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,532/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
4,791 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: Celina Lemos • Circle 100 Real Estate
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1389511
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.