124 Everleth Ave, Warwick, RI, 02888 | $136/mo Cash Flow

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

Investment property for sale in Warwick at 124 Everleth Ave, Warwick, RI, 02888 with 5% annual appreciation on a $349,000 basis while $2,414/mo rent supports operations. Total monthly income totals $2,414/mo and a $1,708/mo payment preserves $136/mo for cash returns. Annual cash flow comes to $1,632/yr on $115,694 deployed, and return on cash invested reaches 21.32% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 8.3%. Five-year ROI measures 110.83% and total cumulative return in cash totals $128,220.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,414/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1915

6,969 sqft lot

$N/A/sqft

No HOA