196 Harrison Ave,Warwick,RI,02888

Investment Highlights

Investment property for sale in Warwick at 196 Harrison Ave, Warwick, RI, 02888 listed at $349,900 pairs $3,005/mo rent with a $1,713/mo payment to leave $721/mo cash flow. Total monthly income runs $3,005/mo, and annual cash flow reaches $8,646/yr on $115,992 cash to close. Return on cash invested measures 27.36% in year one, and rental yield registers 10.31% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 143.27% and total cumulative return in cash totals $166,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,005/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).