2970 Mendon Rd APT 84, Cumberland, RI, 02864 | $161/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

Rental property for sale in Cumberland at 2970 Mendon Rd APT 84, Cumberland, RI, 02864 generates $2,706/mo in rent and, after a $1,908/mo payment, leaves $161/mo in cash flow. Total monthly income is $2,706/mo, and annual cash flow is $1,934/yr on $129,252 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.33% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash sums $143,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,706/mo property income rather than buyer’s personal income.

Townhouse

Built in 1979

N/A lot

$N/A/sqft

No HOA