3399 Post Rd APT 7WarwickRI02886
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3399 Post Rd APT 7, Warwick, RI, 02886 in Warwick speaks for itself: 10.51% gross on a $290,000 price, generating $2,539/mo in rent and $646/mo in net income after the $1,304/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,754 stacks alongside $80,122 in projected five-year appreciation and $2,671/yr in principal reduction. Projected total cumulative return: $152,000.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.8% |
| Monthly Cash Flow | $646 | $1,850 |
City averages based on Warwick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,539 |
| Total Monthly Debt Service | $1,778 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1988
1.53 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1988
1.53 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward West • RE/MAX Preferred
Mls Name: StateWide MLS RI
Mls ID: #1391262