110 Pilgrim Pkwy APT 4WarwickRI02888
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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
Rental property for sale in Warwick at 110 Pilgrim Pkwy APT 4, Warwick, RI, 02888 generates $2,400/mo in rent and, after a $1,121/mo payment, leaves $595/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $7,140/yr on $75,914 invested. Return on cash invested sits at 29.31% in year one, and rental yield is 12.58% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 155.49% and total cumulative return in cash sums $118,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$310 monthly HOA
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Listed by: The Duque Group • Compass / Lila Delman Compass
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1374612
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.