450 Providence St UNIT 9, West Warwick, RI, 02893 | $459/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

450 Providence St UNIT 9, West Warwick, RI, 02893 | $459/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1460 sft

422 Shady Valley Rd, Coventry, RI, 02816

3 Bed
1 Bath
960 sft

100 Scapa Flow Rd, Charlestown, RI, 02813

2 Bed
1 Bath
1656 sft

13 Quill Dr, West Warwick, RI, 02893

3 Bed
1 Bath
1920 sft

103 Windsor Park Dr, Coventry, RI, 02816

Nearby investment properties with comparable prices

4 Bed
1 Bath
1512 sft

250 Hopkins Hill Rd, Coventry, RI, 02816

2 Bed
3 Bath
1453 sft

9 Crawford St #9, West Warwick, RI, 02893

2 Bed
2 Bath
1175 sft

15 Jupiter Ln UNIT A, Richmond, RI, 02898

2 Bed
3 Bath
1453 sft

9 Crawford St, West Warwick, RI, 02893

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in West Warwick at 450 Providence St UNIT 9, West Warwick, RI, 02893 earns $459/mo cash flow from $2,809/mo rent with a $1,762/mo payment. Total monthly income totals $2,809/mo, and annual cash flow totals $5,510/yr on $119,307 capital. ROI tracks 24.53% on current figures, and rental yield reads 9.37% at a $359,900 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 over five years. Five-year ROI reaches 128.07% and total cumulative return in cash sums $152,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,809/mo property income instead of your personal income.

Townhouse

Built in 2003

5.82 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Riverbend! This beautiful 2-bedroom, 1.5-bath condo offers comfort, style, and a fantastic location. The first floor features gleaming hardwoods, an open layout, and an updated kitchen. The living room includes a slider leading to your private back deck, perfect for relaxing or entertaining. A convenient half bath completes the main level. Upstairs, youll find two generously sized bedrooms, each with a walk-in closet, along with laundry on the second floor for added ease. The fully finished lower level provides extra living spaceideal for a family room, home office, or gym. Set in a quiet, well-managed community, youll enjoy low-maintenance living with easy access to shopping, dining, local parks, and major highways. Guest parking is available at both ends of the development. Move-in ready and perfect for first-time buyers or anyone seeking convenience and comfort! Subject to seller finding suitable housing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,695 (100%)
Owner Occupied HU	7,722 (52.5%)
Renter Occupied HU	6,160 (41.9%)
Vacant Housing Units	813 ( 5.5%)
Median Home Value	$343,772
Average Home Value	$379,155