3524 W Shore Rd APT 906WarwickRI02886
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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
Investment property for sale in Warwick at 3524 W Shore Rd APT 906, Warwick, RI, 02886 earns $172/mo cash flow from $1,945/mo rent with a $1,138/mo payment. Total monthly income totals $1,945/mo, and annual cash flow totals $2,067/yr on $77,074 capital. ROI tracks 22.59% on current figures, and rental yield reads 10.04% at a $232,500 purchase. Equity gained on principal adds $1,500/yr, and 5% annual appreciation supports $64,235 over five years. Five-year ROI reaches 119.15% and total cumulative return in cash sums $91,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,945/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$255 monthly 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: Michelle Cartwright • RE/MAX River's Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1380965
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.