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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 75 Myette St, Woonsocket, RI, 02895 listed at $594,000 pairs $1,914/mo rent with a $2,907/mo payment. Total monthly income runs $1,914/mo. Return on cash invested measures 8.01% in year one, and rental yield registers 3.87% at a $594,000 basis. Equity gained on principal adds $3,833/yr, and annual property appreciation at 5% supports $164,111 by year five. Five-year ROI tracks 39.42% and total cumulative return in cash totals $77,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,914/mo property income relative to a $2,907/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
8,712 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 |
|---|---|---|
| 2024-09-27 | Listed for sale | $594,000 |
| 2017-08-29 | Sold | $326,000 |
| 2017-07-01 | Listed for sale | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $5936.00 | N/A | $424,600 | N/A |
| 2022-10-14 | $5936.00 | -20.25% | $424,600 | 35.48% |
| 2021-10-14 | $7443.00 | -0.00% | $313,400 | N/A |
What's Special
Attic Stairs
Listed by: The Stearns McGee Team • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1369693
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 State-Wide MLS, Inc. All rights reserved.
