21 A StCumberlandRI02864
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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
Rental property for sale in Cumberland at 21 A St, Cumberland, RI, 02864 offers $2,249/mo rent that, after a $1,904/mo payment. Total monthly income is $2,249/mo. Return on cash invested measures 17.21% in year one, and rental yield stands at 6.94% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 88.81% and total cumulative return in cash reaches $114,522. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,249/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: The InnoVenture Team • Century 21 Visionary Group
Mls Name: StateWide MLS RI
Mls ID: #1403509