400 Narragansett Pkwy APT NA4WarwickRI02888
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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 400 Narragansett Pkwy APT NA4, Warwick, RI, 02888 with 5% annual appreciation on a $274,900 basis while $1,836/mo rent supports operations. 05% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 8.01%. Five-year ROI measures 84.19% and total cumulative return in cash totals $76,719. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,836/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1965
7.01 Acres lot
$N/A/sqft
$335 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Lane Ceceri Group • Lane Ceceri Group
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1381806
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.