3940 Post Rd APT 7WarwickRI02886
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 3940 Post Rd APT 7, Warwick, RI, 02886 listed at $235,000 pairs $1,945/mo rent with a $1,150/mo payment to leave $411/mo cash flow. Total monthly income runs $1,945/mo, and annual cash flow reaches $4,934/yr on $77,903 cash to close. Return on cash invested measures 26.24% in year one, and rental yield registers 9.93% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 137.3% and total cumulative return in cash totals $106,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,945/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
N/A 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: Paul ZARRELLA • Williams & Stuart Real Estate
Mls Name: StateWide MLS RI
Mls ID: #1392019