59 Massachusetts AveWarwickRI02888
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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
Rental property for sale in Warwick at 59 Massachusetts Ave, Warwick, RI, 02888 priced at $385,500 converts $3,139/mo rent into $622/mo cash flow after a $1,887/mo obligation. Total monthly income equals $3,139/mo, and annual cash flow totals $7,468/yr on $127,793 invested. Return on cash invested prints 25.75% in year one, and rental yield reads 9.77% against a $385,500 entry. Equity gained on principal adds $2,488/yr, while 5% annual appreciation compiles into $106,507 by year five. Five-year ROI reaches 134.65% and total cumulative return in cash sums $172,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,139/mo property income covering a $1,887/mo payment, not borrower’s personal income.
Single Family
Built in 1952
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Lane Ceceri Group • Lane Ceceri Group
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1387102
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.