75 Dale AveCranstonRI02910
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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
Investment Highlights
Investment property for sale in Cranston at 75 Dale Ave, Cranston, RI, 02910 with 5% annual appreciation on a $375,000 basis while $3,430/mo rent supports operations. Total monthly income totals $3,430/mo and a $1,835/mo payment preserves $983/mo for cash returns. Annual cash flow comes to $11,790/yr on $124,313 deployed, and return on cash invested reaches 29.39% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 10.98%. Five-year ROI measures 154.15% and total cumulative return in cash totals $191,631.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,430/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02910, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,132 (100%) |
| Owner Occupied HU | 5,914 (64.8%) |
| Renter Occupied HU | 2,888 (31.6%) |
| Vacant Housing Units | 330 ( 3.6%) |
| Median Home Value | $357,670 |
| Average Home Value | $384,889 |
Housing Distribution
Address Breakdown
Residential
8,771
Single Family
8,537
Multi-Family
234
Businesses
999
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Listed by: Andrew Hogan • JPAR Prime Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1401474