219 Brian DrWarwickRI02886
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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
Rental property for sale in Warwick at 219 Brian Dr, Warwick, RI, 02886 priced at $509,000 converts $3,540/mo rent into $218/mo cash flow after a $2,491/mo obligation. Total monthly income equals $3,540/mo, and annual cash flow totals $2,612/yr on $167,461 invested. Return on cash invested prints 21.62% in year one, and rental yield reads 8.35% against a $509,000 entry. Equity gained on principal adds $3,285/yr, while 5% annual appreciation compiles into $140,627 by year five. Five-year ROI reaches 112.43% and total cumulative return in cash sums $188,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,540/mo property income covering a $2,491/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02886, Warwick, RI area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,749
Multi-Family
3,133
Businesses
1,935
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Listed by: Sasha Mellor • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1402893