18 Louisiana AveWarwickRI02888
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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 Warwick at 18 Louisiana Ave, Warwick, RI, 02888 offers a 9.13% rental yield on a $449,900 purchase with $3,422/mo rent. Total monthly income registers $3,422/mo, and a $2,202/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,822/yr on $149,142 to close, and return on cash invested stands at 23.81% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 124.25% and total cumulative return in cash at $185,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,422/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,151 sqft lot
$N/A/sqft
No HOA
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Listed by: Eric Ouhrabka • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1389622
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.