51 Cutler StWarrenRI02885
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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
Investment property for sale in Warren at 51 Cutler St, Warren, RI, 02885 with 5% annual appreciation on a $360,000 basis while $2,800/mo rent supports operations. Total monthly income totals $2,800/mo and a $1,762/mo payment preserves $450/mo for cash returns. Annual cash flow comes to $5,400/yr on $119,340 deployed, and return on cash invested reaches 24.43% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 9.33%. Five-year ROI measures 127.53% and total cumulative return in cash totals $152,193.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,800/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02885, Warren, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,644 (100%) |
| Owner Occupied HU | 2,925 (51.8%) |
| Renter Occupied HU | 2,249 (39.8%) |
| Vacant Housing Units | 470 ( 8.3%) |
| Median Home Value | $442,918 |
| Average Home Value | $508,532 |
Housing Distribution
Address Breakdown
Residential
5,229
Single Family
4,970
Multi-Family
259
Businesses
610
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Listed by: Tyler Cote • Cote Partners Realty LLC
Mls Name: StateWide MLS RI
Mls ID: #1399550