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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 143 High St #B, Westerly, RI, 02891 with 5% annual appreciation on a $449,500 basis while $2,868/mo rent supports operations. 11% in year one. Equity gained on principal adds $2,901/yr, and five-year appreciation sums $124,189 alongside rental yield of 7.66%. Five-year ROI measures 99.09% and total cumulative return in cash totals $147,653. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,868/mo property income versus a $2,200/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1860
N/A lot
$N/A/sqft
$400 annually 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 |
|---|---|---|
| 2025-08-25 | Listed for sale | $449,500 |
| 2011-08-26 | Sold | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-27 | $1895.00 | 3.50% | $181,300 | N/A |
| 2023-08-27 | $1831.00 | N/A | $181,300 | N/A |
| 2022-08-27 | $1831.00 | -14.12% | $181,300 | 2.55% |
Listed by: Chad Raiche • Town & Shore Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1393410
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.
