








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in West Warwick at 81-83 Summit Ave #85, West Warwick, RI, 02893 earns $1,111/mo cash flow from $4,832/mo rent with a $2,790/mo payment. Total monthly income totals $4,832/mo, and annual cash flow totals $13,332/yr on $187,530 capital. ROI tracks 27.17% on current figures, and rental yield reads 10.17% at a $570,000 purchase. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,480 over five years. Five-year ROI reaches 142.18% and total cumulative return in cash sums $266,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,832/mo property income instead of your personal income.
Multi Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,695 (100%) |
| Owner Occupied HU | 7,722 (52.5%) |
| Renter Occupied HU | 6,160 (41.9%) |
| Vacant Housing Units | 813 ( 5.5%) |
| Median Home Value | $343,772 |
| Average Home Value | $379,155 |
Residential
14,016
Single Family
12,643
Multi-Family
1,373
Businesses
806
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $570,000 |
| 2025-08-19 | Pending sale | $500,000 |
| 2025-08-13 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jaclyn Arruda • Century 21 Limitless
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1392455
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.