73 Phillips Ave, Warwick, RI, 02888 | $548/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Warwick at 73 Phillips Ave, Warwick, RI, 02888 priced at $359,000 converts $2,891/mo rent into $548/mo cash flow after a $1,757/mo obligation. Total monthly income equals $2,891/mo, and annual cash flow totals $6,572/yr on $119,009 invested. Return on cash invested prints 25.43% in year one, and rental yield reads 9.66% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 132.89% and total cumulative return in cash sums $158,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,891/mo property income covering a $1,757/mo payment, not borrower’s personal income.

Single Family

Built in 1996

4,791 sqft lot

$N/A/sqft

No HOA