200 Heroux Blvd UNIT 306CumberlandRI02864








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
Investment property for sale in Cumberland at 200 Heroux Blvd UNIT 306, Cumberland, RI, 02864 uses $132,269 cash to close to unlock $2,380/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $2,803/mo, and a $1,953/mo payment keeps the spread at $198/mo. Purchase price stands at $399,000, and rental yield measures 8.43% with $2,803/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 112.96% and total cumulative return in cash records $149,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,803/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Michelle Drinkwine • Lock and Key Realty, Inc
Mls Name: StateWide MLS RI
Mls ID: #1390340








