151 Wethersfield DrWarwickRI02886
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Nearby investment properties with comparable prices
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 Warwick at 151 Wethersfield Dr, Warwick, RI, 02886 at $579,900 posts ROI 22.69% with $419/mo cash flow from $4,204/mo rent. Total monthly income equals $4,204/mo, and annual cash flow records $5,026/yr on $190,787 to close. Return on cash invested measures 22.69% and rental yield reads 8.7% at the current $579,900. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 by year five. Five-year ROI prints 118.18% and total cumulative return in cash totals $225,481.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,204/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
9,382 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02886, Warwick, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 9,073 (62.5%) |
| Renter Occupied HU | 4,614 (31.8%) |
| Vacant Housing Units | 831 ( 5.7%) |
| Median Home Value | $395,647 |
| Average Home Value | $440,210 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,749
Multi-Family
3,133
Businesses
1,935
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Listed by: Bob Medeiros • RI Real Estate Services
Mls Name: StateWide MLS RI
Mls ID: #1397624