7 May AveCumberlandRI02864
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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
Investment Highlights
Rental property for sale in Cumberland at 7 May Ave, Cumberland, RI, 02864 priced at $480,100 converts $3,502/mo rent into $368/mo cash flow after a $2,350/mo obligation. Total monthly income equals $3,502/mo, and annual cash flow totals $4,414/yr on $159,153 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 8.75% against a $480,100 entry. Equity gained on principal adds $3,098/yr, while 5% annual appreciation compiles into $132,643 by year five. Five-year ROI reaches 118.16% and total cumulative return in cash sums $188,052. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,502/mo property income covering a $2,350/mo payment, not borrower’s personal income.
Single Family
Built in 1991
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Koury Signoriello • New World Realty
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1384271
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.