15 Chace AveWarrenRI02885
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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
Investment property for sale in Warren at 15 Chace Ave, Warren, RI, 02885 earns from $3,637/mo rent with a $2,814/mo payment. Total monthly income totals $3,637/mo. ROI tracks 19.32% on current figures, and rental yield reads 7.59% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 100.11% and total cumulative return in cash sums $189,383. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,637/mo property income instead of your personal income.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02885, Warren, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,644 (100%) |
| Owner Occupied HU | 2,925 (51.8%) |
| Renter Occupied HU | 2,249 (39.8%) |
| Vacant Housing Units | 470 ( 8.3%) |
| Median Home Value | $442,918 |
| Average Home Value | $508,532 |
Housing Distribution
Address Breakdown
Residential
5,229
Single Family
4,970
Multi-Family
259
Businesses
610
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Listed by: Leann D'Ettore • Homistic Real Estate, Inc.
Mls Name: StateWide MLS RI
Mls ID: #1395868