9 Apache Dr #C, Westerly, RI, 02891 | $72/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9 Apache Dr #C, Westerly, RI, 02891 | $72/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

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 9 Apache Dr #C, Westerly, RI, 02891 earns $72/mo cash flow from $1,606/mo rent with a $1,150/mo payment. Total monthly income totals $1,606/mo, and annual cash flow totals $866/yr on $77,903 capital. ROI tracks 21.02% on current figures, and rental yield reads 8.2% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 109.3% and total cumulative return in cash sums $85,144. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,606/mo property income instead of your personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this meticulously maintained single-level home, a true gem offering versatility and comfort. It's an excellent opportunity for a high-yield vacation rental or serves as the perfect easy-living starter or retirement home. Nestled in a fantastic location, you're just a short distance from pristine beaches, diverse shopping, and delightful dining options.

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