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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cumberland at 37-39 Main St, Cumberland, RI, 02864 offers a 5.88% rental yield on a $625,000 purchase with $3,060/mo rent. 11% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 72.17% and total cumulative return in cash at $148,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,060/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1870
6,534 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: The Hometown Experts Team • RE/MAX Town & Country
Mls Name: StateWide MLS RI
Mls ID: #1392841
