94 Carman 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 94 Carman St, Cranston, RI, 02910 at $499,900 posts ROI 18.03% with from $3,004/mo rent. Total monthly income equals $3,004/mo. Return on cash invested measures 18.03% and rental yield reads 7.21% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 93.22% and total cumulative return in cash totals $154,476. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,004/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1929
7,858 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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Nearby investment properties with comparable prices
Listed by: Benjamin Antonelli • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls ID: #1396038