181 Highland AveWarwickRI02886
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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 181 Highland Ave, Warwick, RI, 02886 earns from $3,540/mo rent with a $3,279/mo payment. Total monthly income totals $3,540/mo. ROI tracks 15.52% on current figures, and rental yield reads 6.34% at a $669,900 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,081 over five years. Five-year ROI reaches 79.74% and total cumulative return in cash sums $175,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,540/mo property income instead of your personal income.
Single Family
Built in 1960
0.34 Acres 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: Jay Rezendes • RE/MAX 1st Choice
Mls Name: StateWide MLS RI
Mls ID: #1397369