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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% |
Investment property for sale in West Greenwich at 59 Sharpe St, West Greenwich, RI, 02817 earns $704/mo cash flow from $4,229/mo rent with a $2,643/mo payment. Total monthly income totals $4,229/mo, and annual cash flow totals $8,448/yr on $177,660 capital. ROI tracks 24.82% on current figures, and rental yield reads 9.4% at a $540,000 purchase. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 over five years. Five-year ROI reaches 129.56% and total cumulative return in cash sums $230,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,229/mo property income instead of your personal income.
Single Family
Built in 1979
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02817, West Greenwich, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,617 (100%) |
| Owner Occupied HU | 2,085 (79.7%) |
| Renter Occupied HU | 435 (16.6%) |
| Vacant Housing Units | 97 ( 3.7%) |
| Median Home Value | $534,980 |
| Average Home Value | $554,369 |
Residential
2,568
Single Family
2,568
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $540,000 |
| 2025-06-02 | Pending sale | $599,000 |
| 2025-05-29 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $6821.00 | -7.55% | $426,300 | 41.63% |
| 2023-11-02 | $7378.00 | N/A | $301,000 | N/A |
| 2022-11-02 | $7378.00 | 2.00% | $301,000 | N/A |
What's Special
Attic Storage
Listed by: Kelly Schneider • Mott & Chace Sotheby's Intl.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1383579
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.
