11 Observatory RdWarwickRI02888
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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 Warwick at 11 Observatory Rd, Warwick, RI, 02888 at $389,900 posts ROI 20.85% with $101/mo cash flow from $2,646/mo rent. Total monthly income equals $2,646/mo, and annual cash flow records $1,214/yr on $129,252 to close. Return on cash invested measures 20.85% and rental yield reads 8.14% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 108.35% and total cumulative return in cash totals $140,041.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,646/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kristin Silva • New World Realty
Mls Name: StateWide MLS RI
Mls ID: #1395085