74 Highland St, Woonsocket, RI, 02895 | 5.4% Rental Yield

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74 Highland St, Woonsocket, RI, 02895 | 5.4% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Woonsocket at 74 Highland St, Woonsocket, RI, 02895 priced at $425,000 converts $1,914/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,914/mo. Return on cash invested prints 12.58% in year one, and rental yield reads 5.4% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 63.99% and total cumulative return in cash sums $90,149. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,914/mo property income covering a $2,080/mo payment, not borrower’s personal income.

Single Family

Built in 1895

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Step back in time while enjoying modern comfort in this stately 6-bedroom, 2.5-bath Colonial filled with historic charm. Built in 1895, every corner of this home reflects the craftsmanship of its era. The graceful proportions of each room showcase the original hardwood and parquet floors, the rich millwork, two fire places and soaring ceilings that create a sense of elegance and grandeur. The flowing floor plan offers both formal entertaining spaces and comfortable gathering rooms, making it ideal for family living or hosting guests. The electric has been updated and includes a generator switch, the Burnham Oil Heater is 3 yrs young plus there is a spacious 2 car detached garage w/loft. Its a rare opportunity to own a historic Colonial that offers not only beauty and character but also the space and versatility todays lifestyle demands. Dont miss the chance to make this remarkable home your own!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02895, Woonsocket, RI area.

Housing Distribution

Housing Statistics

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