154 Bear Hill Rd APT 1002CumberlandRI02864
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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 Cumberland at 154 Bear Hill Rd APT 1002, Cumberland, RI, 02864 offers a 8.38% rental yield on a $289,000 purchase with $2,018/mo rent. 48% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 91.73% and total cumulative return in cash at $87,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,018/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
$325 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Jeannine Iozzo • Lamacchia Realty, Inc
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1379377
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.