13 Plant StCumberlandRI02864
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
Rental property for sale in Cumberland at 13 Plant St, Cumberland, RI, 02864 priced at $420,000 pairs $3,462/mo rent with $720/mo cash flow after a $2,056/mo payment. Total monthly income equals $3,462/mo, and annual cash flow comes to $8,640/yr on $139,230 invested. Return on cash invested is 26.11% in year one, and rental yield stands at 9.89% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 136.55% and total cumulative return in cash reaches $190,123. For financing, Ziffy Mortgage’s DSCR program evaluates $3,462/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Isabel Amado • SD Realty Associates
Mls Name: StateWide MLS RI
Mls ID: #1395113