396 Elm StWarwickRI02888
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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
Rental property for sale in Warwick at 396 Elm St, Warwick, RI, 02888 generates $3,299/mo in rent and, after a $2,006/mo payment, leaves $624/mo in cash flow. Total monthly income is $3,299/mo, and annual cash flow is $7,482/yr on $135,882 invested. Return on cash invested sits at 25.42% in year one, and rental yield is 9.66% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 132.82% and total cumulative return in cash sums $180,484. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,299/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jack Silberman • Blue Star Properties
Mls Name: StateWide MLS RI
Mls ID: #1402407