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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Westerly at 118-252 Dunns Corner Rd, Westerly, RI, 02891 uses $37,294 cash to close to unlock $11,991/yr annual cash flow and $999/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $551/mo payment keeps the spread at $999/mo. Purchase price stands at $112,500, and rental yield measures 25.6% with $2,400/mo rent. Return on cash invested shows 52.06% in year one, and 5% annual appreciation builds toward $31,082 over five years. Five-year ROI reaches 283.59% and total cumulative return in cash records $105,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $551/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
N/A lot
$N/A/sqft
$666 monthly HOA
Neighborhood data shown for ZIP Code: 02891, Westerly, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,932 (100%) |
| Owner Occupied HU | 6,730 (52.0%) |
| Renter Occupied HU | 3,145 (24.3%) |
| Vacant Housing Units | 3,057 (23.6%) |
| Median Home Value | $496,385 |
| Average Home Value | $622,871 |
Residential
10,493
Single Family
9,863
Multi-Family
630
Businesses
1,129
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Sold | $112,500 |
| 2025-09-05 | Pending sale | $117,500 |
| 2025-08-25 | Price change | $117,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Morrone • Coldwell Banker Coastal Homes
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1391461
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.
