51 John StWarwickRI02889
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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 Warwick at 51 John St, Warwick, RI, 02889 listed at $457,500 pairs $3,970/mo rent with a $2,239/mo payment to leave $984/mo cash flow. Total monthly income runs $3,970/mo, and annual cash flow reaches $11,805/yr on $151,661 cash to close. Return on cash invested measures 27.69% in year one, and rental yield registers 10.41% at a $457,500 basis. Equity gained on principal adds $2,952/yr, and annual property appreciation at 5% supports $126,399 by year five. Five-year ROI tracks 145.03% and total cumulative return in cash totals $219,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,970/mo property income relative to a $2,239/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02889, Warwick, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,411 (100%) |
| Owner Occupied HU | 9,450 (76.1%) |
| Renter Occupied HU | 2,398 (19.3%) |
| Vacant Housing Units | 563 ( 4.5%) |
| Median Home Value | $381,519 |
| Average Home Value | $441,128 |
Housing Distribution
Address Breakdown
Residential
12,157
Single Family
11,535
Multi-Family
622
Businesses
524
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Nearby investment properties with comparable prices
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