15 Christopher Rhodes Way, Warwick, RI, 02888 | 6.24% Rental Yield

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

Rental property for sale in Warwick at 15 Christopher Rhodes Way, Warwick, RI, 02888 priced at $599,900 converts $3,120/mo rent into after a $2,936/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 15.22% in year one, and rental yield reads 6.24% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 78.13% and total cumulative return in cash sums $154,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $2,936/mo payment, not borrower’s personal income.

Single Family

Built in 2026

8,001 sqft lot

$N/A/sqft

No HOA