210 Irving Rd,Warwick,RI,02888

Investment Highlights

Investment property for sale in Warwick at 210 Irving Rd, Warwick, RI, 02888 offers a 9.62% rental yield on a $389,000 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $1,904/mo payment leaves $581/mo available for distribution. Annual cash flow reaches $6,968/yr on $128,954 to close, and return on cash invested stands at 25.31% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 132.26% and total cumulative return in cash at $170,550. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.