208 Negansett 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 208 Negansett Ave, Warwick, RI, 02888 at $399,000 posts ROI 22.19% with $251/mo cash flow from $2,856/mo rent. Total monthly income equals $2,856/mo, and annual cash flow records $3,016/yr on $132,269 to close. Return on cash invested measures 22.19% and rental yield reads 8.59% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 115.52% and total cumulative return in cash totals $152,798.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,856/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Dan Saffer • PVD Properties
Mls Name: StateWide MLS RI
Mls ID: #1394692