345 Sandy LnWarwickRI02889
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
Investment Highlights
Investment property for sale in Warwick at 345 Sandy Ln, Warwick, RI, 02889 at $699,900 posts ROI 24.29% with $812/mo cash flow from $5,381/mo rent. Total monthly income equals $5,381/mo, and annual cash flow records $9,742/yr on $230,267 to close. Return on cash invested measures 24.29% and rental yield reads 9.23% at the current $699,900. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 by year five. Five-year ROI prints 126.75% and total cumulative return in cash totals $291,860.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,381/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02889, Warwick, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,411 (100%) |
| Owner Occupied HU | 9,450 (76.1%) |
| Renter Occupied HU | 2,398 (19.3%) |
| Vacant Housing Units | 563 ( 4.5%) |
| Median Home Value | $381,519 |
| Average Home Value | $441,128 |
Housing Distribution
Address Breakdown
Residential
12,157
Single Family
11,535
Multi-Family
622
Businesses
524
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Listed by: Raisa Gonzalez • C-21 Butterman & Kryston
Mls Name: StateWide MLS RI
Mls ID: #1391945