87 Holmes Rd, Warwick, RI, 02888 | $1,042/mo Cash Flow

For Sale

Motivated Seller

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

Rental property for sale in Warwick at 87 Holmes Rd, Warwick, RI, 02888 offers $4,039/mo rent that, after a $2,247/mo payment, leaves $1,042/mo cash flow. Total monthly income is $4,039/mo, and annual cash flow is $12,508/yr on $152,159 cash. Return on cash invested measures 28.13% in year one, and rental yield stands at 10.56% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 147.38% and total cumulative return in cash reaches $224,255. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,039/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

6,969 sqft lot

$N/A/sqft

No HOA