3261 Mendon RdCumberlandRI02864
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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 Cumberland at 3261 Mendon Rd, Cumberland, RI, 02864 priced at $750,000 converts $3,546/mo rent into after a $3,671/mo obligation. Total monthly income equals $3,546/mo. Return on cash invested prints 13.49% in year one, and rental yield reads 5.67% against a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 68.86% and total cumulative return in cash sums $169,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,546/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 1800
0.43 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Fitzpatrick Team • RE/MAX Results
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1379648
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.