95 Vincent AveNorth ProvidenceRI02904
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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 North Providence at 95 Vincent Ave, North Providence, RI, 02904 uses $129,252 cash to close to unlock $2,678/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $2,768/mo, and a $1,908/mo payment keeps the spread at $223/mo. Purchase price stands at $389,900, and rental yield measures 8.52% with $2,768/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 114.42% and total cumulative return in cash records $147,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1924
5,000 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
10,908
Multi-Family
3,368
Businesses
1,012
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Listed by: Robert Perillo • Riparian Real Estate Group
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1385007
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 2025 State-Wide MLS, Inc. All rights reserved.