ZIP 02863 Foreclosure, Tax-Lien & Distress Report

ZIP 02863's composite property-distress score is 28/100 - DLRadar classes that as low for Providence County, Rhode Island. Climate and flood risk are elevated too — flood (NFIP) exposure (95/100), climate & FEMA risk (93/100), FEMA disaster exposure (65/100). Structural risk reads 60/100 against active distress of 6/100. Leading the profile are structural risk (60/100), institutional ownership (56/100), mortgage stress (21/100). mortgage stress (21/100) stay muted.

The market reads peak — home values rose 4.4% year on year, and 68% higher over three years (phase confidence 31/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

The vacancy rate is 10.2%. Roughly 22.3% live below the poverty line, elevated and often tied to deferred-maintenance inventory. The demographic-stress sub-score lands at 49/100. The ZIP holds roughly 8,426 housing units. Median household income is $45,921, below the U.S. median near $78,000. Around 12% of adults hold a bachelor's degree or higher. The tenure split is 29% owner-occupied to 71% rented. Population is roughly 22,481 with a median age of 32. Rent burden reaches 44% of tenant households. The typical home is worth about $352,100 (6.5× income).

On the whole, 02863 leans distressed, with opportunity clustered in specific stressed parcels. 02863 has no individual parcels listed at present; the signals above still come from the same audited public sources used nationwide.

The 02863 read uses the identical public-record model applied coast to coast, which means its 28/100 score means exactly what it means anywhere else, and 02863 stays directly comparable to neighboring ZIPs and the rest of Providence County, Rhode Island. Sparse data for 02863 shows as blanks, never estimates, and the score updates on every fresh public filing.

Behind 02863's composite sit distinct signals (foreclosure, mortgage, tax-lien, lender and structural), each scored on its own before rolling up, so two ZIPs with the same total can describe very different situations on the ground. For a buyer, 02863 is one row in a larger workflow: confirm the score, pull the distressed parcels behind it, then move from signal to funded, closed acquisition through DLRadar.