116 Winnisquam DrWarwickRI02886
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 116 Winnisquam Dr, Warwick, RI, 02886 listed at $704,000 pairs $4,831/mo rent with a $3,446/mo payment to leave $235/mo cash flow. Total monthly income runs $4,831/mo, and annual cash flow reaches $2,822/yr on $231,616 cash to close. Return on cash invested measures 21.28% in year one, and rental yield registers 8.23% at a $704,000 basis. Equity gained on principal adds $4,543/yr, and annual property appreciation at 5% supports $194,502 by year five. Five-year ROI tracks 110.61% and total cumulative return in cash totals $256,199. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,831/mo property income relative to a $3,446/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02886, Warwick, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 9,073 (62.5%) |
| Renter Occupied HU | 4,614 (31.8%) |
| Vacant Housing Units | 831 ( 5.7%) |
| Median Home Value | $395,647 |
| Average Home Value | $440,210 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,749
Multi-Family
3,133
Businesses
1,935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Calabro • Century 21 Shoreline
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1380024
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.