67 Brewster DrWarwickRI02889
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
Rental property for sale in Warwick at 67 Brewster Dr, Warwick, RI, 02889 priced at $363,000 converts $2,774/mo rent into $404/mo cash flow after a $1,777/mo obligation. Total monthly income equals $2,774/mo, and annual cash flow totals $4,849/yr on $120,335 invested. Return on cash invested prints 23.94% in year one, and rental yield reads 9.17% against a $363,000 entry. Equity gained on principal adds $2,342/yr, while 5% annual appreciation compiles into $100,290 by year five. Five-year ROI reaches 124.93% and total cumulative return in cash sums $150,339. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $1,777/mo payment, not borrower’s personal income.
Single Family
Built in 1935
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02889, Warwick, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,411 (100%) |
| Owner Occupied HU | 9,450 (76.1%) |
| Renter Occupied HU | 2,398 (19.3%) |
| Vacant Housing Units | 563 ( 4.5%) |
| Median Home Value | $381,519 |
| Average Home Value | $441,128 |
Housing Distribution
Address Breakdown
Residential
12,157
Single Family
11,535
Multi-Family
622
Businesses
524
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Listed by: Sherrie Rotenberg • C-21 Butterman & Kryston
Mls Name: StateWide MLS RI
Mls ID: #1398919