82 Mohawk TrlCranstonRI02921
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.99% yield at 82 Mohawk Trl, Cranston, RI, 02921 in Cranston is solid, but the $2,922/mo payment compresses net cash flow to $86/mo at $649,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $179,555 by year five, and $5,986/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.48) without U.S. income documentation. Total projected return: $252,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.8% |
| Monthly Cash Flow | $86 | $420 |
City averages based on Cranston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,328 |
| Total Monthly Debt Service | $3,984 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
8,616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02921, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,758 (100%) |
| Owner Occupied HU | 4,193 (88.1%) |
| Renter Occupied HU | 479 (10.1%) |
| Vacant Housing Units | 86 ( 1.8%) |
| Median Home Value | $568,090 |
| Average Home Value | $590,916 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,634
Multi-Family
170
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1995
8,616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02921, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,758 (100%) |
| Owner Occupied HU | 4,193 (88.1%) |
| Renter Occupied HU | 479 (10.1%) |
| Vacant Housing Units | 86 ( 1.8%) |
| Median Home Value | $568,090 |
| Average Home Value | $590,916 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,634
Multi-Family
170
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: StateWide MLS RI
Mls ID: #1409038