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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 Woonsocket at 67 Kermit St, Woonsocket, RI, 02895 listed at $261,000 pairs $2,326/mo rent with a $1,277/mo payment to leave $623/mo cash flow. Total monthly income runs $2,326/mo, and annual cash flow reaches $7,472/yr on $86,522 cash to close. Return on cash invested measures 28.55% in year one, and rental yield registers 10.69% at a $261,000 basis. Equity gained on principal adds $1,684/yr, and annual property appreciation at 5% supports $72,109 by year five. Five-year ROI tracks 149.6% and total cumulative return in cash totals $129,439. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,326/mo property income relative to a $1,277/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
7,840 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 |
|---|---|---|
| 2025-06-23 | Sold | $261,000 |
| 2025-06-03 | Pending sale | $295,000 |
| 2025-05-15 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $3168.00 | 4.01% | $217,900 | N/A |
| 2023-10-27 | $3046.00 | N/A | $217,900 | N/A |
| 2022-10-27 | $3046.00 | -10.81% | $217,900 | 51.53% |
Listed by: Marilyn Bennett • Salzberg Real Estate Agency
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1385163
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.
