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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cumberland at 26 Shale Ridge Ct, Cumberland, RI, 02864 offers a 5.5% rental yield on a $919,000 purchase with $4,214/mo rent. 98% in year one. Equity gained on principal adds $5,930/yr while 5% annual appreciation supports $253,903 over five years. Portfolio math shows five-year ROI at 66.07% and total cumulative return in cash at $199,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,214/mo property income against a $4,498/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.33 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $919,000 |
| 2018-05-11 | Sold | $530,575 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $8007.00 | 2.85% | $670,000 | N/A |
| 2023-04-30 | $7785.00 | 1.39% | $670,000 | 30.81% |
| 2022-04-30 | $7678.00 | 1.70% | $512,200 | N/A |
Listed by: Brendan Duckworth • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1382712
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.
