57 Everleth Ave, Warwick, RI, 02888 | $1,063/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Warwick at 57 Everleth Ave, Warwick, RI, 02888 priced at $420,000 converts $3,805/mo rent into $1,063/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,805/mo, and annual cash flow totals $12,756/yr on $139,230 invested. Return on cash invested prints 29.07% in year one, and rental yield reads 10.87% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 152.4% and total cumulative return in cash sums $212,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,805/mo property income covering a $2,056/mo payment, not borrower’s personal income.

Single Family

Built in 1960

7,840 sqft lot

$N/A/sqft

No HOA