10 Renehan Ct, West Warwick, RI, 02893 | $182/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10 Renehan Ct, West Warwick, RI, 02893 | $182/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 West Warwick at 10 Renehan Ct, West Warwick, RI, 02893 offers $3,120/mo rent that, after a $2,203/mo payment, leaves $182/mo cash flow. Total monthly income is $3,120/mo, and annual cash flow is $2,184/yr on $149,175 cash. Return on cash invested measures 21.37% in year one, and rental yield stands at 8.32% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 111.12% and total cumulative return in cash reaches $165,762. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,120/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1966

10,193 sqft lot

$N/A/sqft

No HOA

More details about the property

Renovated Raised Ranch with 2 car garage, fenced in yard located close to all amenities. This property offers a spacious open layout, perfect for everyday living, gleaming hardwoods, a modern kitchen with stainless steel appliances, granite counter top. The living room flows seamlessly into the dining area and kitchen. Main level has 3 bedrooms, primary bedroom has an en suite and additional full bathroom serves the other two bedrooms. The lower level offers a large, versatile space with sliders to walk out to the yard, ideal for a family room or recreation area, plus another full bathroom with laundry for convenience. Off the dining area there are sliders that open to a nice deck with stairs that go to the spacious yard. Many upgrades including roof, windows, paint exterior and interior, deck, septic, bathrooms, kitchen and light fixtures. Nothing to do but move right in!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,695 (100%)
Owner Occupied HU	7,722 (52.5%)
Renter Occupied HU	6,160 (41.9%)
Vacant Housing Units	813 ( 5.5%)
Median Home Value	$343,772
Average Home Value	$379,155