74 Warren AveTivertonRI02878
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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
Rental property for sale in Tiverton at 74 Warren Ave, Tiverton, RI, 02878 generates $3,658/mo in rent and, after a $2,398/mo payment, leaves $460/mo in cash flow. Total monthly income is $3,658/mo, and annual cash flow is $5,518/yr on $162,402 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 8.96% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 121.51% and total cumulative return in cash sums $197,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,658/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02878, Tiverton, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 5,638 (72.9%) |
| Renter Occupied HU | 1,377 (17.8%) |
| Vacant Housing Units | 716 ( 9.3%) |
| Median Home Value | $468,017 |
| Average Home Value | $534,412 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
7,027
Multi-Family
443
Businesses
538
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Listed by: Kristy Oliveira • Keller Williams South Watuppa
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1386447
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.