46 Kristee Cir, West Warwick, RI, 02893 | $87/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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46 Kristee Cir, West Warwick, RI, 02893 | $87/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in West Warwick at 46 Kristee Cir, West Warwick, RI, 02893 offers $1,785/mo rent that, after a $1,273/mo payment, leaves $87/mo cash flow. Total monthly income is $1,785/mo, and annual cash flow is $1,048/yr on $86,190 cash. Return on cash invested measures 21.13% in year one, and rental yield stands at 8.24% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 109.83% and total cumulative return in cash reaches $94,661. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,785/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Back on the market!!! Bright & Spacious Condo in Sought-After Cowesett Meadows! Welcome to this beautifully maintained 2-bedrooms, 1.5-bath condo offering a perfect blend of comfort, style, and convenience. Located in a vibrant West Warwick community, this home features a sun-filled open layout, generously sized bedrooms, and fully updated bathrooms with modern finishes. Private balcony with tranquil wooded views. The kitchen boasts ample cabinetry, granite counter space, and newer stainless-steel appliancesideal for cooking and entertaining. Highlights include: -Pet-friendly community -Low-maintenance living with HOA covering water, sewer, and exterior upkeep -Convenient two assigned parking spots, and plenty of visitors parking -Great location near shopping, dining, and major highways minutes from Route 2 - In-unit washer/dryer Perfect for first-time buyers, downsizers, or anyone seeking move-in-ready comfort. Schedule your private showing today! Sale contingent upon seller securing 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