200 Manville Hill Rd UNIT B27CumberlandRI02864
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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 200 Manville Hill Rd UNIT B27, Cumberland, RI, 02864 uses $79,560 cash to close to unlock $2,700/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,906/mo, and a $1,175/mo payment keeps the spread at $225/mo. Purchase price stands at $240,000, and rental yield measures 9.53% with $1,906/mo rent. Return on cash invested shows 23.3% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 122.1% and total cumulative return in cash records $97,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,906/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$114 monthly HOA
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Listed by: Ashley Baillargeon • Century 21 North East
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1391916
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.