1144 Snake Hill Rd, Glocester, RI, 02857 | 7.4% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1144 Snake Hill Rd, Glocester, RI, 02857 | 7.4% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Glocester at 1144 Snake Hill Rd, Glocester, RI, 02857 offers a 7.4% rental yield on a $459,900 purchase with $2,836/mo rent. 6% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,062 over five years. Portfolio math shows five-year ROI at 96.26% and total cumulative return in cash at $146,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,836/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

12.86 Acres lot

$N/A/sqft

No HOA

More details about the property

ESTATE SALE!!! Looking for country living?? Well, this home sitting on 12 acres and is ready for you to make it yours! This raised ranch has the traditional styled open kitchen and living room layout with 2 bedrooms, 1 bath on the top level and the ground level has an unfinished room waiting for your special touch to make it what you would like, perfect for a bedroom, living room, recreation room, office or any other style room your imagination brings to it! The property consists of over 12 private acres, great location only PROPERTY BEING SOLD AS IS......OFFERS MAY BE ACCEPTED AT ANYTIME.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02857, North Scituate, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,639 (100%)
Owner Occupied HU	3,040 (83.5%)
Renter Occupied HU	445 (12.2%)
Vacant Housing Units	154 ( 4.2%)
Median Home Value	$479,748
Average Home Value	$533,428