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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 7 Seneca St, Cumberland, RI, 02864 uses $140,888 cash to close to unlock $5,614/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $3,242/mo, and a $2,080/mo payment keeps the spread at $468/mo. Purchase price stands at $425,000, and rental yield measures 9.15% with $3,242/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 124.64% and total cumulative return in cash records $175,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,242/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1960
5,662 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Listed for sale | $425,000 |
| 2024-12-30 | Pending sale | $425,000 |
| 2024-12-18 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $3866.00 | 2.85% | $323,500 | N/A |
| 2023-01-28 | $3759.00 | 3.50% | $323,500 | 33.51% |
| 2022-01-28 | $3632.00 | 1.68% | $242,300 | N/A |
Listed by: Slocum Home Team • SLOCUM
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1374800
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.
