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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 Warwick at 650 E Greenwich Ave APT 3-402, West Warwick, RI, 02893 earns from $2,304/mo rent with a $1,591/mo payment. Total monthly income totals $2,304/mo. ROI tracks 18.67% on current figures, and rental yield reads 8.51% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 97.88% and total cumulative return in cash sums $105,457. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,304/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$293 monthly HOA
Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.
| 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 |
Residential
14,016
Single Family
12,643
Multi-Family
1,373
Businesses
806
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Listed for sale | $325,000 |
| 2017-03-20 | Sold | $137,000 |
| 2017-01-06 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $3460.00 | 2.03% | $185,100 | N/A |
| 2023-01-28 | $3391.00 | 1.56% | $185,100 | N/A |
| 2022-01-28 | $3339.00 | 7.54% | $185,100 | 37.11% |
Listed by: Matthew Kachanis • Williams & Stuart Real Estate
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1376224
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.
