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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West Warwick at 500 E Greenwich Ave APT 106, West Warwick, RI, 02893 generates $2,439/mo in rent, after a $1,640/mo payment. Total monthly income is $2,439/mo. Return on cash invested sits at 18.85% in year one, and rental yield is 8.74% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 98.97% and total cumulative return in cash sums $109,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,439/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.
| 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 |
Residential
14,016
Single Family
12,643
Multi-Family
1,373
Businesses
806
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Sold | $335,000 |
| 2025-05-10 | Pending sale | $335,000 |
| 2025-05-02 | Listed for sale | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $3594.00 | 2.02% | $192,300 | N/A |
| 2023-10-11 | $3523.00 | 1.56% | $192,300 | N/A |
| 2022-10-11 | $3469.00 | -15.70% | $192,300 | 7.49% |
Listed by: Rebecca Van Dale • Century 21 Guardian Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383612
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.
