132 E Point DrRumfordRI02916
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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
Investment Highlights
Investment property for sale in Rumford at 132 E Point Dr, Rumford, RI, 02916 with 5% annual appreciation on a $1,149,000 basis while $4,439/mo rent supports operations. 5% in year one. Equity gained on principal adds $7,414/yr, and five-year appreciation sums $317,448 alongside rental yield of 4.64%. Five-year ROI measures 52.75% and total cumulative return in cash totals $196,387. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,439/mo property income versus a $5,624/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02916, Rumford, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,061 (100%) |
| Owner Occupied HU | 2,688 (66.2%) |
| Renter Occupied HU | 1,222 (30.1%) |
| Vacant Housing Units | 151 ( 3.7%) |
| Median Home Value | $430,359 |
| Average Home Value | $452,640 |
Housing Distribution
Address Breakdown
Residential
3,918
Single Family
3,305
Multi-Family
613
Businesses
370
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Listed by: Richard Baccari • Churchill & Banks Co., LLC
Mls Name: StateWide MLS RI
Mls ID: #1400243