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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 West Warwick at 22-24 Douglas St, West Warwick, RI, 02893 earns $1,569/mo cash flow from $4,832/mo rent with a $2,447/mo payment. Total monthly income totals $4,832/mo, and annual cash flow totals $18,822/yr on $165,717 capital. ROI tracks 31.27% on current figures, and rental yield reads 11.6% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 164.2% and total cumulative return in cash sums $272,100. 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.
Multi Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.
| 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 |
Residential
14,016
Single Family
12,643
Multi-Family
1,373
Businesses
806
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lydia Smith • CENTURY 21 Stachurski Agency
Mls Name: StateWide MLS RI
Mls ID: #1396474
