77 Victory StCranstonRI02910
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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
Rental property for sale in Cranston at 77 Victory St, Cranston, RI, 02910 generates $3,442/mo in rent and, after a $1,859/mo payment, leaves $963/mo in cash flow. Total monthly income is $3,442/mo, and annual cash flow is $11,550/yr on $125,937 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 10.87% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 152.47% and total cumulative return in cash sums $192,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,442/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
3,201 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: Peter Almonte • Trusthill Real Estate Brkrg.
Mls Name: StateWide MLS RI
Mls ID: #1401295