90 Richard 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
Investment property for sale in Cranston at 90 Richard St, Cranston, RI, 02910 at $529,000 posts ROI 14.69% with from $2,674/mo rent. Total monthly income equals $2,674/mo. Return on cash invested measures 14.69% and rental yield reads 6.07% at the current $529,000. Equity gained on principal adds $3,414/yr, and 5% annual appreciation supports $146,153 by year five. Five-year ROI prints 75.25% and total cumulative return in cash totals $130,973. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,674/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1914
3,750 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: Michelle Lefrancois • Regal Residential
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1369759
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.