23 Carlson DrCumberlandRI02864
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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 23 Carlson Dr, Cumberland, RI, 02864 offers $4,133/mo rent that, after a $2,692/mo payment, leaves $543/mo cash flow. Total monthly income is $4,133/mo, and annual cash flow is $6,512/yr on $180,950 cash. Return on cash invested measures 23.66% in year one, and rental yield stands at 9.02% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 123.37% and total cumulative return in cash reaches $223,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,133/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Gorman-Smith • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1395648
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.