67 Valleybrook DrEast ProvidenceRI02914
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.85% yield at 67 Valleybrook Dr, East Providence, RI, 02914 in East Providence is solid, but the $2,136/mo payment compresses net cash flow to $7/mo at $474,999. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $131,233 by year five, and $4,375/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.46) without U.S. income documentation. Total projected return: $181,321.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 8.0% |
| Monthly Cash Flow | $7 | $1,800 |
City averages based on East Providence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,108 |
| Total Monthly Debt Service | $2,912 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02914, East Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 5,043 (50.6%) |
| Renter Occupied HU | 4,395 (44.1%) |
| Vacant Housing Units | 533 ( 5.3%) |
| Median Home Value | $380,205 |
| Average Home Value | $410,243 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
7,745
Multi-Family
1,584
Businesses
946
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
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02914, East Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 5,043 (50.6%) |
| Renter Occupied HU | 4,395 (44.1%) |
| Vacant Housing Units | 533 ( 5.3%) |
| Median Home Value | $380,205 |
| Average Home Value | $410,243 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
7,745
Multi-Family
1,584
Businesses
946
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alan Ferrara • New England Realty Management
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1379738
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.