200 Post Rd APT 123WarwickRI02888
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 200 Post Rd APT 123, Warwick, RI, 02888 in Warwick deserves attention. This $198,000 property earns $3,000/mo in rent, a 18.18% gross yield, and nets $1,707/mo after the $890/mo payment. DSCR 3.37 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $54,704 compounds alongside $1,824/yr in yearly equity build, for a total cumulative return of $185,294.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.2% | 5.8% |
| Monthly Cash Flow | $1,707 | $1,850 |
City averages based on Warwick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $1,214 |
| DSCR Ratio | 2.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karl Martone • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls ID: #1393868