21 Saint George StWest WarwickRI02893
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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 West Warwick at 21 Saint George St, West Warwick, RI, 02893 earns $2,295/mo cash flow from $4,832/mo rent with a $1,902/mo payment. Total monthly income totals $4,832/mo, and annual cash flow totals $27,545/yr on $128,788 capital. ROI tracks 41.3% on current figures, and rental yield reads 14.93% at a $388,500 purchase. Equity gained on principal adds $2,507/yr, and 5% annual appreciation supports $107,335 over five years. Five-year ROI reaches 217.99% and total cumulative return in cash sums $280,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,832/mo property income instead of your personal income.
Single Family
Built in 1948
4,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,695 (100%) |
| Owner Occupied HU | 7,722 (52.5%) |
| Renter Occupied HU | 6,160 (41.9%) |
| Vacant Housing Units | 813 ( 5.5%) |
| Median Home Value | $343,772 |
| Average Home Value | $379,155 |
Housing Distribution
Address Breakdown
Residential
14,016
Single Family
12,643
Multi-Family
1,373
Businesses
806
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Listed by: Olatunde Oduyingbo • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls ID: #1395827