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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% |
Rental property for sale in Woonsocket at 72 Chapel St, Woonsocket, RI, 02895 priced at $299,900 converts $2,330/mo rent into $372/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,330/mo, and annual cash flow totals $4,466/yr on $99,417 invested. Return on cash invested prints 24.4% in year one, and rental yield reads 9.32% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 127.42% and total cumulative return in cash sums $126,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,330/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,049 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 |
|---|---|---|
| 2025-03-11 | Price change | $299,900 |
| 2025-02-20 | Listed for sale | $315,000 |
| 2004-07-09 | Sold | $156,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $2576.00 | 4.00% | $177,200 | N/A |
| 2023-03-27 | $2477.00 | N/A | $177,200 | N/A |
| 2022-03-27 | $2477.00 | -2.25% | $177,200 | 66.07% |
Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11437012
