30 Riverwoods CtRumfordRI02916
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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 Rumford at 30 Riverwoods Ct, Rumford, RI, 02916 offers $2,765/mo rent that, after a $1,713/mo payment, leaves $205/mo cash flow. Total monthly income is $2,765/mo, and annual cash flow is $2,464/yr on $116,025 cash. Return on cash invested measures 22.03% in year one, and rental yield stands at 9.48% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 115.74% and total cumulative return in cash reaches $134,282. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,765/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02916, Rumford, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,061 (100%) |
| Owner Occupied HU | 2,688 (66.2%) |
| Renter Occupied HU | 1,222 (30.1%) |
| Vacant Housing Units | 151 ( 3.7%) |
| Median Home Value | $430,359 |
| Average Home Value | $452,640 |
Housing Distribution
Address Breakdown
Residential
3,918
Single Family
3,305
Multi-Family
613
Businesses
370
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Listed by: Andrew Hogan • JPAR Prime Real Estate
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1399308
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.