71 Waller StProvidenceRI02908
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 Providence at 71 Waller St, Providence, RI, 02908 earns $1,117/mo cash flow from $4,054/mo rent with a $2,202/mo payment. Total monthly income totals $4,054/mo, and annual cash flow totals $13,406/yr on $149,142 capital. ROI tracks 28.9% on current figures, and rental yield reads 10.81% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 151.51% and total cumulative return in cash sums $225,970. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,054/mo property income instead of your personal income.
Single Family
Built in 1948
4,856 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02908, Providence, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,787 (100%) |
| Owner Occupied HU | 6,158 (39.0%) |
| Renter Occupied HU | 8,471 (53.7%) |
| Vacant Housing Units | 1,158 ( 7.3%) |
| Median Home Value | $357,497 |
| Average Home Value | $392,124 |
Housing Distribution
Address Breakdown
Residential
13,721
Single Family
12,304
Multi-Family
1,417
Businesses
743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erny Francisco • Advantage Realty Group
Mls Name: StateWide MLS RI
Mls ID: #1401242