85 Nipmuc Trl #A, North Providence, RI, 02904 | $852/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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85 Nipmuc Trl #A, North Providence, RI, 02904 | $852/mo Cash Flow | 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 North Providence at 85 Nipmuc Trl #A, North Providence, RI, 02904 offers $3,234/mo rent that, after a $1,786/mo payment, leaves $852/mo cash flow. Total monthly income is $3,234/mo, and annual cash flow is $10,222/yr on $120,998 cash. Return on cash invested measures 28.36% in year one, and rental yield stands at 10.63% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 148.58% and total cumulative return in cash reaches $179,779. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,234/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Awesome two bedroom, two and a half bathroom, townhouse in the desirable Louisquisset community. The first floor of this spacious unit features an open and inviting layout with stylish and sturdy vinyl flooring, a generous dining area, and a light-filled living room with cathedral ceilings and gas fireplace. The modern kitchen boasts newer appliances, ample cabinetry and storage space, granite counter tops, and access to the private deck. An attached single car garage, laundry room and half bathroom complete the home's main level, adding comfort and convenience. Upstairs you'll find two large bedrooms and two full bathrooms, including a large primary suite with private bathroom and walk-in closet. The home is carefully-designed and well-maintained and the community is idyllic, with landscaped grounds and scenic roads, as well as fabulous amenities including a pool, tennis courts, and a clubhouse. All this in a quiet and convenient location off Louisquisset Country Club and just minutes from Providence, with convenient highway access, shopping, dining, and more!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02904, Providence, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,909 (100%)
Owner Occupied HU	7,560 (50.7%)
Renter Occupied HU	6,589 (44.2%)
Vacant Housing Units	760 ( 5.1%)
Median Home Value	$378,322
Average Home Value	$423,426