58 River St APT 44West WarwickRI02893
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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 West Warwick at 58 River St APT 44, West Warwick, RI, 02893 earns $463/mo cash flow from $1,796/mo rent with a $734/mo payment. Total monthly income totals $1,796/mo, and annual cash flow totals $5,558/yr on $49,692 capital. ROI tracks 31.09% on current figures, and rental yield reads 14.38% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 166.45% and total cumulative return in cash sums $82,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,796/mo property income instead of your personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$354 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,016
Single Family
12,643
Multi-Family
1,373
Businesses
806
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Listed by: The Modern Collective Group • Compass
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1393530
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.