48 Lane #2,Warwick,RI,02888

Investment Highlights

Investment property for sale in Warwick at 48 Lane #2, Warwick, RI, 02888 uses $48,068 cash to close to unlock $1,730/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,091/mo, and a $710/mo payment keeps the spread at $144/mo. Purchase price stands at $145,000, and rental yield measures 9.03% with $1,091/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 122.69% and total cumulative return in cash records $58,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,091/mo property income covering a $710/mo payment rather than investor’s personal income.