495 Gauvin DrWarwickRI02886
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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
Rental property for sale in Warwick at 495 Gauvin Dr, Warwick, RI, 02886 priced at $669,900 pairs $5,015/mo rent with $642/mo cash flow after a $3,279/mo payment. Total monthly income equals $5,015/mo, and annual cash flow comes to $7,702/yr on $220,397 invested. Return on cash invested is 23.55% in year one, and rental yield stands at 8.98% on a $669,900 basis. Equity gained on principal adds $4,323/yr, and 5% annual appreciation accumulates to $185,081 by year five. Five-year ROI measures 122.8% and total cumulative return in cash reaches $270,657. For financing, Ziffy Mortgage’s DSCR program evaluates $5,015/mo property income against a $3,279/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02886, Warwick, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 9,073 (62.5%) |
| Renter Occupied HU | 4,614 (31.8%) |
| Vacant Housing Units | 831 ( 5.7%) |
| Median Home Value | $395,647 |
| Average Home Value | $440,210 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,749
Multi-Family
3,133
Businesses
1,935
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Listed by: Caitlin Pannone • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls ID: #1387343