Warwick, RI — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.6%

Below average

Monthly Cash Flow

-$953

After all expenses

Price-to-Rent

15.4

Overpriced for rent

DSCR

0.56

Fails

📊 Key Metrics

Median Home Price
$411,505
Average Rent (3BR)
$2,220/mo
Price-to-Rent Ratio
15.4(high)
1% Rule
0.54%(fails — need 1%+)
Cash-on-Cash Return
-12.1%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Warwick for Investors

02886
Cap Rate: 4.0%Cash Flow: -$835/mo$421,996
02889
Cap Rate: 3.6%Cash Flow: -$953/mo$411,505
02888
Cap Rate: 3.4%Cash Flow: -$1,015/mo$411,059

All Zip Codes in Warwick

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
028864.0%-$835$421,996$2,450/mo0.63
028893.6%-$953$411,505$2,220/mo0.56
028883.4%-$1,015$411,059$2,140/mo0.54