40 Warren Ave,Cumberland,RI,02864

Investment Highlights

Investment property for sale in Cumberland at 40 Warren Ave, Cumberland, RI, 02864 listed at $399,999 pairs $2,812/mo rent with a $1,958/mo payment to leave $201/mo cash flow. Total monthly income runs $2,812/mo, and annual cash flow reaches $2,408/yr on $132,600 cash to close. Return on cash invested measures 21.72% in year one, and rental yield registers 8.44% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 113.03% and total cumulative return in cash totals $149,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,812/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).