2970 Mendon Rd APT 17, Cumberland, RI, 02864 | $615/mo Cash Flow

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 17, Cumberland, RI, 02864 earns $615/mo cash flow from $2,736/mo rent with a $1,590/mo payment. Total monthly income totals $2,736/mo, and annual cash flow totals $7,384/yr on $107,704 capital. ROI tracks 26.76% on current figures, and rental yield reads 10.11% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 140.08% and total cumulative return in cash sums $150,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,736/mo property income instead of your personal income.

Townhouse

Built in 1979

N/A lot

$N/A/sqft

No HOA