8 Seawinds Ter, Westerly, RI, 02891 | 6.51% Rental Yield

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8 Seawinds Ter, Westerly, RI, 02891 | 6.51% Rental Yield | Ziffy

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

Investment property for sale in Westerly at 8 Seawinds Ter, Westerly, RI, 02891 with 5% annual appreciation on a $625,000 basis while $3,392/mo rent supports operations. 05% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 6.51%. Five-year ROI measures 82.56% and total cumulative return in cash totals $169,765. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,392/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to 8 Seawinds Terrace! This two-bedroom, two-and-a-half-bath townhouse, located in the highly sought after Captains Watch Association, has been completely and tastefully remodeled. The unit is turn key and boasts a new kitchen with a stylish coffee nook, 2 and a half new bathrooms, new flooring though out, all new lighting, dramatic custom fireplace surround, new front door and freshly painted. Central air, updated gas heat, attached one car garage, city water and sewer, and underground utilities complete the offering. Pets are welcome with association approval. All you need to do is add your personal touches to make it your own! Captains Watch is ideally located in scenic Westerly, RI within walking distance of the Westerly Yacht Club and the walking paths alongside the Pawcatuck River. It is just minutes to dining and shopping in picturesque downtown Westerly and the beaches of Misquamicut and Watch Hill. This is truly a place to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02891, Westerly, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,932 (100%)
Owner Occupied HU	6,730 (52.0%)
Renter Occupied HU	3,145 (24.3%)
Vacant Housing Units	3,057 (23.6%)
Median Home Value	$496,385
Average Home Value	$622,871