904 Main St, West Warwick, RI, 02893 | $721/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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904 Main St, West Warwick, RI, 02893 | $721/mo Cash Flow | Ziffy

For Sale

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 West Warwick at 904 Main St, West Warwick, RI, 02893 earns $721/mo cash flow from $3,006/mo rent with a $1,713/mo payment. Total monthly income totals $3,006/mo, and annual cash flow totals $8,656/yr on $116,025 capital. ROI tracks 27.37% on current figures, and rental yield reads 10.31% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 143.31% and total cumulative return in cash sums $166,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,006/mo property income instead of your personal income.

Single Family

Built in 1900

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated single-family home in West Warwick, RI, featuring 3 bedrooms and 1 full bathroom. This stunning home offers a bright and welcoming atmosphere, with plenty of windows that fill the space with natural light. The modern kitchen is equipped with sleek stainless steel appliances and ample cabinet space, perfect for everyday cooking and entertaining. Recent updates include a new furnace, new plumbing, and new electrical, providing peace of mind for years to come. The unfinished basement offers additional storage or future expansion potential. Outside, enjoy a nice yard and a newly paved driveway, adding both charm and convenience. Located in a great area close to major highways, shopping, dining, and local amenities, this property offers an ideal combination of comfort, style, and accessibility. Move-in ready and thoughtfully updated, this West Warwick home is the perfect choice for buyers seeking modern living in a convenient location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02893, West Warwick, RI area.

Housing Distribution

Housing Statistics

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