40 Carpenter St, Cumberland, RI, 02864 | $161/mo Cash Flow

For Sale

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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 40 Carpenter St, Cumberland, RI, 02864 priced at $299,900 pairs $2,119/mo rent with $161/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,119/mo, and annual cash flow comes to $1,934/yr on $99,417 invested. Return on cash invested is 21.85% in year one, and rental yield stands at 8.48% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 113.76% and total cumulative return in cash reaches $113,092. For financing, Ziffy Mortgage’s DSCR program evaluates $2,119/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2005

N/A lot

$N/A/sqft

No HOA