72 W Shore Rd APT 2WarwickRI02889
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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 72 W Shore Rd APT 2, Warwick, RI, 02889 with 5% annual appreciation on a $115,000 basis while $1,393/mo rent supports operations. Total monthly income totals $1,393/mo and a $563/mo payment preserves $420/mo for cash returns. Annual cash flow comes to $5,042/yr on $38,123 deployed, and return on cash invested reaches 33.13% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 14.54%. Five-year ROI measures 176.83% and total cumulative return in cash totals $67,413.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,393/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1967
N/A lot
$N/A/sqft
$222 monthly 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: Slocum Home Team • eXp Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1402710
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 2026 State-Wide MLS, Inc. All rights reserved.