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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% |
Investment property for sale in Providence at 664 Plainfield St, Providence, RI, 02909 listed at $1,050,000 pairs $2,432/mo rent with a $5,139/mo payment. Total monthly income runs $2,432/mo. Return on cash invested measures 4.77% in year one, and rental yield registers 2.78% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 22.02% and total cumulative return in cash totals $74,909. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,432/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1909
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02909, Providence, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 5,404 (29.9%) |
| Renter Occupied HU | 11,539 (63.8%) |
| Vacant Housing Units | 1,154 ( 6.4%) |
| Median Home Value | $326,092 |
| Average Home Value | $353,365 |
Residential
15,083
Single Family
11,844
Multi-Family
3,239
Businesses
1,034
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Listed for sale | $1,050,000 |
| 2024-06-12 | Pending sale | $1,050,000 |
| 2024-06-05 | Price change | $1,050,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | N/A | N/A | $358,400 | N/A |
| 2022-10-14 | N/A | N/A | $358,400 | 68.66% |
| 2021-10-14 | N/A | N/A | $212,500 | N/A |
Listed by: Kyle Seyboth • Century 21 The Seyboth Team
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1353690
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 2024 State-Wide MLS, Inc. All rights reserved.
