62 Lincoln 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
Investment property for sale in Warwick at 62 Lincoln Ave, Warwick, RI, 02888 at $480,000 posts ROI 32.84% with $1,715/mo cash flow from $4,848/mo rent. Total monthly income equals $4,848/mo, and annual cash flow records $20,580/yr on $159,120 to close. Return on cash invested measures 32.84% and rental yield reads 12.12% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 172.63% and total cumulative return in cash totals $274,685.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,848/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1895
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Lissette Guzman • Circle 100 Real Estate
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1386337
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.