2970 Mendon Rd APT 139, Cumberland, RI, 02864 | 5.8% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cumberland at 2970 Mendon Rd APT 139, Cumberland, RI, 02864 offers a 5.8% rental yield on a $560,000 purchase with $2,706/mo rent. 87% in year one. Equity gained on principal adds $3,614/yr while 5% annual appreciation supports $154,718 over five years. Portfolio math shows five-year ROI at 70.91% and total cumulative return in cash at $130,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,706/mo property income against a $2,741/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1979

2,413 sqft lot

$N/A/sqft

No HOA