36 Dexter St, Cumberland, RI, 02864 | 5.57% Rental Yield

For Sale

Fix & Flip

Listed for sale 2 days ago

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 36 Dexter St, Cumberland, RI, 02864 generates $2,693/mo in rent, after a $2,839/mo payment. Total monthly income is $2,693/mo. Return on cash invested sits at 13.18% in year one, and rental yield is 5.57% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 67.2% and total cumulative return in cash sums $128,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,693/mo property income rather than buyer’s personal income.

Multi Family

Built in 1927

4,791 sqft lot

$N/A/sqft

No HOA