200 Heroux Blvd UNIT 302CumberlandRI02864
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 200 Heroux Blvd UNIT 302, Cumberland, RI, 02864 in Cumberland is the 1.58 coverage ratio: rent of $2,670/mo versus a $1,686/mo debt payment on a $375,000 property. Rental yield 8.54%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $103,606 by year five, with $3,454/yr in equity from paydown. Total projected cumulative return: $140,564.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.8% |
| Monthly Cash Flow | $(53) | $1,250 |
City averages based on Cumberland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,670 |
| Total Monthly Debt Service | $2,574 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$275 monthly HOA
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
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$275 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Girouard • HomeSmart Professionals
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1379120
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.