200 Post Rd APT 409WarwickRI02888
INVESTMENT ANALYSIS
Investment Verdict
Solid Income200 Post Rd APT 409, Warwick, RI, 02888 in Warwick carries a 1.83 coverage ratio, rent of $2,292/mo is 1.83 times the $1,250/mo payment. Rental yield 8.19%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $278,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $76,806; total projected cumulative return: $113,128.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.8% |
| Monthly Cash Flow | $(306) | $1,850 |
City averages based on Warwick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,292 |
| Total Monthly Debt Service | $2,094 |
| DSCR Ratio | 1.09x |
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
8.14 Acres lot
$N/A/sqft
$390 monthly 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
8.14 Acres lot
$N/A/sqft
$390 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Russo • RE/MAX Results
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383889
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.