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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% |
Total monthly income runs $2,280/mo, and a $1,566/mo payment. Purchase price stands at $319,900, and rental yield measures 8.55% with $2,280/mo rent. Return on cash invested shows 17.83% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 93.7% and total cumulative return in cash records $99,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$375 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 |
|---|---|---|
| 2025-09-09 | Listed for sale | $319,900 |
| 2025-09-04 | Contingent | $319,900 |
| 2025-09-03 | Pending sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $3790.00 | 2.02% | $202,800 | N/A |
| 2023-09-15 | $3715.00 | 1.53% | $202,800 | N/A |
| 2022-09-15 | $3659.00 | -3.00% | $202,800 | 23.66% |
Listed by: Andrew Iovino • RE/MAX 1st Choice
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1393748
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.
