85 Pilgrim Dr, Warwick, RI, 02888 | $1,000/mo Cash Flow

For Sale

Fix & Flip

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 Warwick at 85 Pilgrim Dr, Warwick, RI, 02888 uses $149,175 cash to close to unlock $12,000/yr annual cash flow and $1,000/mo monthly cash flow. Total monthly income runs $3,938/mo, and a $2,203/mo payment keeps the spread at $1,000/mo. Purchase price stands at $450,000, and rental yield measures 10.5% with $3,938/mo rent. Return on cash invested shows 27.95% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 146.41% and total cumulative return in cash records $218,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,938/mo property income covering a $2,203/mo payment rather than investor’s personal income.

Single Family

Built in 1950

7,000 sqft lot

$N/A/sqft

No HOA