48 Lane #5, Warwick, RI, 02888 | $143/mo Cash Flow

For Sale

Currently Rented

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 Warwick at 48 Lane #5, Warwick, RI, 02888 offers $1,873/mo rent that, after a $1,297/mo payment, leaves $143/mo cash flow. Total monthly income is $1,873/mo, and annual cash flow is $1,718/yr on $87,848 cash. Return on cash invested measures 21.86% in year one, and rental yield stands at 8.48% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 113.82% and total cumulative return in cash reaches $99,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,873/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1935

N/A lot

$N/A/sqft

No HOA