44 Desoto StCumberlandRI02864
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Cumberland at 44 Desoto St, Cumberland, RI, 02864 offers $4,792/mo rent that, after a $2,839/mo payment, leaves $1,006/mo cash flow. Total monthly income is $4,792/mo, and annual cash flow is $12,068/yr on $190,820 cash. Return on cash invested measures 26.38% in year one, and rental yield stands at 9.91% at a $579,999 entry. Equity gained on principal adds $3,743/yr while 5% annual appreciation compounds into $160,243 by year five. Five-year ROI records 137.98% and total cumulative return in cash reaches $263,300. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,792/mo property income versus a $2,839/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.48 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Mardo • Century 21 Luxe Property Grp
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1368948
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 2024 State-Wide MLS, Inc. All rights reserved.