85 Charlestown AveWarwickRI02889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 85 Charlestown Ave, Warwick, RI, 02889 at $569,900 posts ROI 24.02% with $619/mo cash flow from $4,339/mo rent. Total monthly income equals $4,339/mo, and annual cash flow records $7,430/yr on $187,497 to close. Return on cash invested measures 24.02% and rental yield reads 9.14% at the current $569,900. Equity gained on principal adds $3,677/yr, and 5% annual appreciation supports $157,453 by year five. Five-year ROI prints 125.34% and total cumulative return in cash totals $235,002.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,339/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
9,099 sqft lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Ashly Monteiro • Empire RE Group, ERA Powered
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1380395
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.