596 Metacom AveWarrenRI02885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Warren at 596 Metacom Ave, Warren, RI, 02885 at $575,000 posts ROI 16.38% with from $3,173/mo rent. Total monthly income equals $3,173/mo. Return on cash invested measures 16.38% and rental yield reads 6.62% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 84.33% and total cumulative return in cash totals $159,527. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,173/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1860
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02885, Warren, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,644 (100%) |
| Owner Occupied HU | 2,925 (51.8%) |
| Renter Occupied HU | 2,249 (39.8%) |
| Vacant Housing Units | 470 ( 8.3%) |
| Median Home Value | $442,918 |
| Average Home Value | $508,532 |
Housing Distribution
Address Breakdown
Residential
5,229
Single Family
4,970
Multi-Family
259
Businesses
610
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Nearby investment properties with comparable prices
Listed by: Tim Devol • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls ID: #1403243