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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Cumberland, RI
$ 349,000
ROI
28.0
Cash Flow/m
805- 2 Bed
- 2 Bath
- 1310 sft
185 Manville Hill Rd APT 107, Cumberland, RI, 02864
$ 265,000
ROI
26.4Cash Flow/m
493- 2 Bed
- 1 Bath
- 918 sft
200 Manville Hill Rd APT 41, Cumberland, RI, 02864
$ 240,000
ROI
23.1Cash Flow/m
225- 1 Bed
- 1 Bath
- 730 sft
200 Manville Hill Rd UNIT B27, Cumberland, RI, 02864
$ 337,000
ROI
21.4Cash Flow/m
156- 2 Bed
- 1 Bath
- 1080 sft
2970 Mendon Rd APT 53, Cumberland, RI, 02864
Why Invest in Cumberland, Rhode Island?
Cumberland, RI condo investments offer stable returns in a suburban market near Providence. With a population of 36,405 and proximity to Massachusetts, demand for condos remains steady among commuters. Average cap rates around 5.5% and rental yields of 6.2% make it attractive for cash flow investors. Annual appreciation of 4.1% reflects consistent housing demand in this family-oriented town. Renter-occupied units at 28% support reliable occupancy for condo properties.
7.8%
Avg. ROI
6.2%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1780/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% due to commuter demand and low vacancy. Proximity to Providence supports appreciation. Focus on properties near I-295 for best cash flow.
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