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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 41 Thomas Leighton Blvd, Cumberland, RI, 02864 uses $192,465 cash to close to unlock $2,910/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $4,061/mo, and a $2,863/mo payment keeps the spread at $243/mo. Purchase price stands at $585,000, and rental yield measures 8.33% with $4,061/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 112.18% and total cumulative return in cash records $215,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,061/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.38 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-22 | Sold | $585,000 |
| 2025-09-12 | Pending sale | $599,900 |
| 2025-08-30 | Contingent | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $5557.00 | 2.85% | $465,000 | N/A |
| 2023-10-17 | $5403.00 | 2.19% | $465,000 | 31.84% |
| 2022-10-17 | $5287.00 | 1.69% | $352,700 | N/A |
Listed by: The Hometown Experts Team • RE/MAX Town & Country
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1392698
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.
