340 High StCumberlandRI02864
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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 340 High St, Cumberland, RI, 02864 priced at $500,000 pairs $3,694/mo rent with $430/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,694/mo, and annual cash flow comes to $5,164/yr on $165,750 invested. Return on cash invested is 23.02% in year one, and rental yield stands at 8.87% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 120% and total cumulative return in cash reaches $198,908. For financing, Ziffy Mortgage’s DSCR program evaluates $3,694/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Nichole Soares • Alltown Real Estate Group
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1347871
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.