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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Warwick at 218 Douglas Rd, Warwick, RI, 02886 earns $879/mo cash flow from $3,358/mo rent with a $1,859/mo payment. Total monthly income totals $3,358/mo, and annual cash flow totals $10,542/yr on $125,937 capital. ROI tracks 28.28% on current figures, and rental yield reads 10.61% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 148.18% and total cumulative return in cash sums $186,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,358/mo property income instead of your personal income.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02886, Warwick, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 9,073 (62.5%) |
| Renter Occupied HU | 4,614 (31.8%) |
| Vacant Housing Units | 831 ( 5.7%) |
| Median Home Value | $395,647 |
| Average Home Value | $440,210 |
Residential
13,882
Single Family
10,749
Multi-Family
3,133
Businesses
1,935
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $379,900 |
| 2004-06-30 | Sold | $275,000 |
| 1999-08-02 | Sold | $134,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $4701.00 | 1.97% | $324,900 | N/A |
| 2023-04-30 | $4610.00 | 0.55% | $324,900 | 32.72% |
| 2022-04-30 | $4585.00 | N/A | $244,800 | N/A |
Listed by: The Mercurio Group • RE/MAX Preferred
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383564
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.
