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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 724 Fairmount St, Woonsocket, RI, 02895 at $394,000 posts ROI 24.75% with $526/mo cash flow from $3,098/mo rent. Total monthly income equals $3,098/mo, and annual cash flow records $6,318/yr on $130,611 to close. Return on cash invested measures 24.75% and rental yield reads 9.44% at the current $394,000. Equity gained on principal adds $2,542/yr, and 5% annual appreciation supports $108,855 by year five. Five-year ROI prints 129.24% and total cumulative return in cash totals $168,796.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,098/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
10,018 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mary Lyons • RE/MAX Real Estate Center
Mls Name: StateWide MLS RI
Mls ID: #1394810
