94 Waverly StWarwickRI02889
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 94 Waverly St, Warwick, RI, 02889 earns $1,067/mo cash flow from $3,514/mo rent with a $1,835/mo payment. Total monthly income totals $3,514/mo, and annual cash flow totals $12,798/yr on $124,313 capital. ROI tracks 30.2% on current figures, and rental yield reads 11.24% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 158.5% and total cumulative return in cash sums $197,031. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,514/mo property income instead of your personal income.
Single Family
Built in 1990
8,550 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Sanabria • Century 21 Limitless PRG
Mls Name: StateWide MLS RI
Mls ID: #1394422